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Shareholders’ Council Votes Needed By Friday

Sunday 29 July 2001


Dairy farmers have been reminded that midday Friday 3 August is the deadline for votes to be received in the Global Dairy Company Shareholders’ Council election.

Global Dairy Company Chairman John Roadley said today that the company has received just over 3,600 votes, from a potential total of almost 20,000.

“We’re geared up to receive votes by post or fax up until noon on Friday. The count will start then,” Mr Roadley said. He urged as many shareholders as possible to take the opportunity to vote.

“The council has a vital role as the shareholders’ watchdog of the company’s performance,” Mr Roadley says. “Among its most important functions, it will work with the board to develop the company’s co-operative principles and approve its mission statement and values. And it will represent the views of shareholders to the board on an ongoing basis.”

Mr Roadley expects to announce the results of the election on Monday 6 August. The first council will consist of 46 councillors representing 25 geographical wards. There are contested elections in 18 wards. The remaining wards have candidates to fill their seats on the council. The elections will be scrutinised by KPMG.

Votes can be posted in the reply-paid envelopes that were sent with voting papers, or faxed to 0800 432 227.

END

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