Verde News ReleaseHello fellow Verde shareholders.
How does a news release issued at 5pm on a Friday grab you as a shareholder communications best practice?
After weeks of unanswered enquiries, the Company finally accepts that, within the constraints imposed by the local health authorities, shareholders or their proxies will be allowed to attend the Verde AGM in person in Belo Horizonte on June 30th. Unless of course the health regulations change between now and then.
Here's the challenge. If you have arranged for a local proxy to vote your shares at the meeting, you must have named this person by 11:59 pm on Sunday. Having done so, if the rules change before the meeting and local attendance is prohibited, you will not be able to have your shares voted - there is no way to pull back the proxy appointment.
I for one am not confident that a duly appointed local in-person proxy will not be prohibited from entering the meeting and so I am fearful my votes will be lost and uncounted. Faced with this uncertainty, it looks like the only choice would be to capitulate and name the chair of the meeting as my appointee.
What do others think?
Cheers,
S.