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SML receives update on a2MC voting intention

Thursday 11th July 2024

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Synlait Milk Limited (Synlait) has received an update from The a2 Milk Company Limited indicating it will vote in favour of the resolution at Synlait’s Special Shareholders Meeting at 2.00pm today.

 

The meeting is to vote on the resolution to approve the proposed entry into a $130 million shareholder loan to be made available to Synlait by Bright Dairy International Investment Limited, a related company of Bright Dairy Holding Limited, Synlait’s 39.01% shareholder. If the resolution is approved, Synlait will fully draw down the loan to meet the $130 million payment due to its banks on 15 July 2024.

 

Further information is in the Notice of Meeting dated 25 July 2024.

 

 



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