Flexible Shareholding

Your options explained
I STILL HOLD SHARES IN FONTERRA BUT I HAVE CEASED SUPPLYING MILK TO THE CO-OP

I’d like to know my options for sharing down 

Under Flexible Shareholding you will have longer to hold onto or sell your shares once you’ve ceased supplying the Co-op. If you have given a cease notice as required and:

  • you were a shareholder in the Co-op on 9 December 2021, you can hold your shares until the later of: (i) the Compliance Date in the season ending 31 May 2037; and (ii) the Compliance Date in the 10th season after you cease; or 
  • you joined the Co-op after 9 December 2021, you can hold your shares for up to 5 seasons. 

For more information on how to give a cease notice, contact your Area Manager.

Before selling shares, you should talk to your accountant, lawyer, financial advisor or other rural professional to discuss your options. For more information on how to sell your shares, click the link below. 


If you’ve ceased in the last year, you can apply to transfer some of your shares to your Permitted Transferee(s). For more information on Permitted Transferees click the link below.

A quick overview

Permitted Transferee

A quick overview for Permitted Transferees becoming Shareholders.

Where can I find more information?

Take a look at the Rules for Shareholding.