Flexible Shareholding

Your options explained
A QUICK OVERVIEW FOR SHAREMILKERS INTERESTED IN BECOMING SECONDARY SHAREHOLDERS

Secondary Shareholders

This section gives a quick overview for Sharemilkers of what's involved in being a Secondary Shareholder. For a full overview so you can make an informed decision, remember you'll need to read Part B of the Rules for Shareholding. 

  

You can apply to hold shares as an Secondary Shareholder if:

  • you’re a Sharemilker on a farm where there is a shareholder supplying milk to us;
  • you have a sharemilking agreement with this Supplying Shareholder;
  • you own or provide all of the dairy herd on the farm; and
  • your Supplying Shareholder has agreed to allocate you a proportion of shares it is eligible (or, for its minimum holding only, required) to hold. 

You will be able to hold up to your agreed percentage of the Supplying Shareholder's maximum holding. 

You will be required to hold your agreed percentage of the Supplying Shareholder's minimum holding. 

Yes - for the wet shares that you hold (being the agreed percentage of shares backed by the milk supply).

Application process
 

Once the Flexible Shareholding structure comes into effect, you’ll be able to apply to become a Secondary Shareholder via an online application form.
 
Check back here for a link to the application form once Flexible Shareholding is in place. 
 

Where can I find more information?

Take a look at the Rules for Shareholding.