Facts are always good.....1 Jun 2023 16:04
I’m sure it would be most beneficial to both shareholders and the company if the facts about the company, the directors and the founding family were correct when posting online, rather than merely surmised. You will note my name, & therefore hopefully accept the below information as reliable:
For the record :
- Amanda Farrar is not the daughter of John Anderson. She is his niece, and the daughter of Peter Farrar, who served as CEO and Deputy Chair until his death in 1999. She is also my sister;
- Tyson (not Tyler) Anderson, my cousin has not “given away his entire shareholding” as you state. The shares have already been owned for some time by his (now ex-) wife, and have merely been shown in the accounts in the past under Tyson’s name as a Director having an interest in the shares, following corporate legislation rules. On the finalisation of their divorce, he then fails to have a ‘connected interest’, and therefore the announcement was made this morning to advise people of this.
- There remain several major female shareholders – myself, my aunt, my (female) cousin, my sister and my cousin’s wife, all of whom retain complete confidence in the company and its management, and whose shares have also historically been shown in the accounts in the Directors’ connected interests numbers where necessary. I believe this should refute any accusations of “the only remaining major female shareholder selling all her shares”, or such like.
- From time to time, shareholders may need to liquidate some investments, as I’m sure you yourself do. This is a private matter, entirely for them, and may just possibly be absolutely nothing to do with the confidence, or a lack thereof, in an investment, but merely personal circumstances.
Chairman Keith Ritchie (my husband) is always available for any shareholder who wishes to have a conversation on any company matter (numbers on the company website).