Kerry vote tomorrow
Published 19/07/2011 | 05:00
A strong turnout is expected tomorrow for the first of two crucial votes for Kerry Group suppliers.
A proposal to allow Kerry Co-op's shareholding in Kerry Group Plc to drop below the current 20pc threshold, and to establish a new threshold of 10pc plus one share, will be voted on tomorrow at the Brandon Hotel, Tralee. A second vote on the same issue is scheduled for Tuesday, August 16.
To be carried, the proposal needs the support of more than 75pc of the eligible voters present at tomorrow's meeting. The ballot is restricted to the 4,400 'A' grade shareholders in the co-op -- the vast majority of the group (3,900) are Kerry Group milk suppliers.
An amendment to the current rule relating to the threshold is also being voted on. The meeting,is restricted to co-op members and kicks off at 2pm.
Pfizer clears up ad claims
Pfizer Animal Health (Ireland) has been forced to issue a clarification in relation to claims made in adverts for the company's Rispoval IBR Vaccines.
The Code of Practice committee of the Animal and Plant Health Association (APHA) upheld a complaint from Intervet Schering Plough regarding the adverts.
The clarification states: