Great Southern Grower Investors are being reminded to vote at the upcoming meetings being held by Gunns Limited.
The meetings are being held on December 23 to consider a proposal by Gunns to take over various managed investment schemes previously operated by the Great Southern Group of companies.
Bendigo and Adelaide Bank Managing Director, Mike Hirst, said the meeting provided an important opportunity to ensure the continued operation and sustainability of the schemes.
“We would encourage all grower investors to consider the Gunns proposal and to participate in the meeting process,” Mr Hirst said.
“Failure to vote could result in more uncertainty for the future operation of the relevant schemes, which would in turn make the potential returns for growers also more uncertain.”
Bendigo and Adelaide Bank continues to work with all relevant parties with the aim of ensuring the interests of grower investors – including those who have invested in schemes not covered by the current Gunns proposal – are protected.
Meeting details
The Gunns meeting is being held on Wednesday December 23, 2009, at 11am AESDT, at the City Recital Hall, 2-12 Angel Place, Sydney, NSW.
Proxy votes are due by Monday December 21, 2009, at 11am AESDT.
