Wrightson to buy back shares from investor who opposed DLF deal

Sun, 23 Dec 2018

By Paul McBeth Dec. 24 (BusinessDesk) - PGG Wrightson will buy back a small parcel of shares from an investor who voted against the sale of the seeds business to Denmark's DLF Seeds. The rural services company said the investor has exercised minority buy-out rights in the Companies Act requiring the company to buy their shares after voting all of them against the resolution at the Oct. 30 annual and special meeting. Wrightson will buy back up to up to 9,724 shares between Jan. 7 and March 31 and automatically cancel them. The small s...

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