About Us  |   Advertise  |   Contact Us  |   Terms & Conditions  |   RSS Feeds
 
Open account with Equity Investment Advisers
sharemarket

A2 Corp director Greg Hinton extracts shares from vehicle shared with chairman Cliff Cook

Tuesday 13th December 2011 1 Comment

Text too small?

A2 Corp director Greg Hinton has extracted his shareholding from an investment vehicle shared with Cliff Cook, chairman of the company that markets milk with the ‘A2’ type of beta casein protein.

Hinton’s 11 million shares have been transferred into his own name from Mountain Road Investments, reducing its stake in A2 to 23.2 percent from 25 percent. Hinton owns 10 shares of Mountain Road, with the remaining 90 shares held by Cook’s Private Health Care (NZ).

“Greg and I have been working in partnership for a number of years on a range of investments that we have held jointly,” Cook said in a statement. “More recently there has been a change with Greg now only part time with me and working more on his own projects. As a result of these changes, we’ve agreed it is more appropriate for Greg to hold his shares in A2 directly.”

Shares of A2 have soared 140 percent this year and last traded at 24 cents, valuing the company at about $142 million.

Cook said he understands that Hinton is keen to remain a director of the company.

BusinessDesk.co.nz



Comments from our readers

On 15 December 2011 at 9:36 am Dianne Gower said:
Where do I find A2 milk to buy? I live in Tauranga.
Add your comment:
Your name:
Your email:
Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.
Bookmark and Share   Printable version
Related News

NZ dollar slips as Chinese intervention calms markets, US payrolls loom
Sensible Sentencing Trust files for judicial review on Petricevic parole
Government and iwi reach agreement for private housing on Crown land in Auckland
Seadragon rejected Blackmores investment in favour of tapping shareholders
Air NZ to defend US class action over air cargo cartel claim
NZ building work climbs in June quarter, swelled by non-residential activity
Kathmandu board again urges shareholders to reject Briscoe's hostile takeover bid
New crowdfunder Liftoff fails to fly on first outing with eco-tour business
Auckland house sales climb to 15-year high for month of August, prices stall
NZ new vehicle sales rise 10% in August, on track for record year

 
Previous News
Bond
News Alerts
Breaking News (Up to 10 Emails a day) 
After the Bell (Daily) 
Gold News 

Unsubscribe/Update »

RSS feeds »
Twitter »
Facebook »

Most Commented On
  forex centre
cfd centre
options centre
NZX 15 Index





© Copyright 2015 MoneyOnline Ltd & Investment Research Group Ltd. All Rights Reserved.