Shareholder Meeting Request Withdrawn
PGG Wrightson Limited (PGW) advises that it has received notice from Agria (Singapore) Pte Ltd (Agria) that it has withdrawn its notice issued on 8 February 2024 requesting that a special shareholders meeting be convened to consider several proposed director changes.
The PGW Board welcomes this development and has determined that preparations for the proposed special meeting will now not be needed.
Agria and the PGW Board have determined that the current composition and the majority of the membership of the Board continue to have an appropriate balance of expertise, skills, and independence.
For media enquiries contact:
Julian Daly
General Manager Corporate Affairs / Company Secretary
PGG Wrightson Limited
Mobile: +64 27 553 3373
Email: [email protected]
Registered Office:
PGG Wrightson Limited
1 Robin Mann Place, Christchurch Airport
Christchurch 8053, New Zealand
Phone: 0800 10 22 76 / +64 3 477 4520
Website: pggwrightson.co.nz
But will it fly with farmers?
The S&P/NZX 50 Index closed at 11,728.06, up 202.18 points or 1.75%.
The 11% stake will likely be fully or mostly sold down.
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