ZEL 0.00% $3.77 z energy limited

Ann: Z Energy Board unanimously recommends Scheme of Arrangement, page-2

  1. 248 Posts.
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    What a weak-kneed useless group the entire board must be . If they can't get a better deal for a company they've been running with about half the NZ fuel outlets they aren't worth a cent of their board fees (see below). "The Scheme is subject to a number of conditions including regulatory approvals from the New Zealand Commerce Commission (NZCC) and New Zealand Overseas Investment Office (OIO)." Hopefully they will quickly toss this out as not being in the national interest - let alone the shareholders.

    From last annual report (figures are roughly all up)
    Abby Foote $190,806
    Chair, Board of Directors
    Mark Cross $127,000
    Board of Directors
    Julia Raue $127,000
    Board of Directors
    Stephen Reindler $127,000
    Board of Directors
    Blair O’Keeffe $117,000
    Board of Directors
    Mark Malpass $117,000
    Board of Directors
    Alan Dunn $9,750 (quit board)
 
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Currently unlisted public company.

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