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ATM - Synlait Special Shareholders' Meeting - a2MC voting update

Thursday 11th July 2024

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The a2 Milk Company Limited (a2MC or the Company) wishes to provide an update on how it will vote on the resolution that will be put to shareholders of Synlait Milk Limited (Synlait) at the Special Shareholders’ Meeting to be held later today, at 2.00pm New Zealand time, Thursday 11 July 2024.

 

As advised by Synlait in the notice of meeting, a2MC and Synlait have been in discussions. Those discussions relate to Synlait’s broader recapitalisation plan, which includes the shareholder loan as well as Synlait’s proposed equity raising and concurrent refinancing of its bank facilities, and various other matters.

 

a2MC continues to have concerns and will engage in discussions with Synlait in the coming weeks. In the meantime, the Company confirms that it has advised Synlait that it will vote in favour of today’s resolution.

 

Authorised for release by the Board of Directors

 

David Bortolussi

Managing Director and CEO

The a2 Milk Company Limited

 

 



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