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An announcement from a2 Milk Company ( (ACOPF) ) is now available.
The a2 Milk Company Limited has been granted a waiver from the NZX Listing Rule 7.8.5(b), which typically requires an Independent Appraisal Report when granting CEO Performance Rights. This waiver allows the company’s non-interested directors to negotiate the terms of the CEO Performance Rights without such a report, provided certain conditions are met. This decision reflects a trust in the company’s governance practices and may streamline the process for granting performance rights, potentially impacting executive compensation structures and shareholder voting processes.
More about a2 Milk Company
The a2 Milk Company Limited operates in the dairy industry, primarily focusing on the production and marketing of milk and related products that contain only the A2 type of beta-casein protein, which is marketed as being easier to digest than regular milk.
For an in-depth examination of ACOPF stock, go to TipRanks’ Overview page.