David Gibson who is an independent director of Trustpower has advised he intends to resign from the Trustpower Board effective 26 March 2022. David is leaving Trustpower to free his time for other commitments.
Chair of Trustpower, Paul Ridley-Smith, commented “we would like to thank David for his last two years of service at Trustpower over what has been a transformational period for the company including the sale of our retail business”.
David Prentice
Chief Executive
ENDS
The S&P/NZX 50 Index closed at 12,266.25, gaining 57.2 points or 0.47%.
Goldman Sach analysts have a 12-month target price of A$2.85 ($3.14).
An investment firm bought the stake, which included 116,145 hectares of forestry.
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