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NZME delays AGM, criticises Grenon's proposal

NZME says there is a risk that Grenon prioritises his own agenda at the expense of the best interests of company and other shareholders.

NZME chair Barbara Chapman has sent a six-page letter to shareholders.

NZME’s board has pushed back the date for its hotly anticipated annual meeting, while also launching its own attack on Canadian billionaire Jim Grenon's proposal to sack and replace the board.

The NZX-listed company said its annual meeting will now take place on June 3, as opposed to April 29, due

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Nicholas Pointon Mon, 31 Mar 2025
Contact the Writer: nicholas@nbr.co.nz
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NZME delays AGM, criticises Grenon's proposal
Investment,
108487
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