Press Release – Fonterra Today Fonterra is starting a consultation process to seek farmer feedback on potential options to change its capital structure that could give farmers greater financial flexibility. To allow its farmers to have open conversations and consider all options …
Today Fonterra is starting a consultation process to seek farmer feedback on potential options to change its capital structure that could give farmers greater financial flexibility.
To allow its farmers to have open conversations and consider all options during consultation, the
Co-operative is temporarily capping the size of the Fonterra Shareholders’ Fund (the Fund) by suspending shares in the Fonterra Shareholders’ Market (FSM) from being exchanged into units in the Fund.
Press Release – Fonterra Today Fonterra is starting a consultation process to seek farmer feedback on potential options to change its capital structure that could give farmers greater financial flexibility. To allow its farmers to have open conversations and consider all options …
Today Fonterra is starting a consultation process to seek farmer feedback on potential options to change its capital structure that could give farmers greater financial flexibility.
To allow its farmers to have open conversations and consider all options during consultation, the
Co-operative is temporarily capping the size of the Fonterra Shareholders’ Fund (the Fund) by suspending shares in the Fonterra Shareholders’ Market (FSM) from being exchanged into units in the Fund.
Thursday, 6 May 2021, 9:27 am
Today Fonterra is starting a consultation process to seek
farmer feedback on potential options to change its capital
structure that could give farmers greater financial
flexibility.
To allow its farmers to have open
conversations and consider all options during consultation,
the
Co-operative is temporarily capping the size of
the Fonterra Shareholders’ Fund (the Fund) by suspending
shares in the Fonterra Shareholders’ Market (FSM) from
being exchanged into units in the Fund.
This temporary
cap will be effective once the current trading halt is
lifted when the market opens tomorrow and will remain
throughout the consultation process.
Chairman Peter