Alliance Proposes Share Boost
Alliance Group proposes increased investments by farmer-shareholders to maintain its 100% NZ ownership, offering higher loyalty payments for 2024/25.
May 3, 2024
Simon Rowles
Founder, CEO
Alliance Group Proposal for Farmer-Shareholders
The board of Alliance Group Limited has made a proposition to its farmer-shareholders, emphasizing the need for increased investments to maintain its status as a 100% Aotearoa New Zealand farmer-owned co-operative.
To balance this increase, the co-operative plans to enhance loyalty payments for the 2024/25 season. Specifically, loyalty payment rates for qualifying lambs are set to rise to $0.20 per kilo carcass weight. Meanwhile, payments for cattle and deer will reach $0.10 per kilo carcass weight.
For further details, visit the official Alliance Group announcement.