Media barred from GeoOp meeting
No reason was given for the move.
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Media have been refused entry to GeoOp’s special meeting underway in Auckland.
NBR was stopped by security and was given no reason for the refusal.
NZX-listed companies have the right to bar media from meetings, but it is an extremely rare practice.
The gagging of media follows GeoOp [NZX: GEO] chairman (and former NZX boss) Mark Weldon's resignation from MediaWorks as chief executive.
The GeoOp meeting is for a shareholder vote on whether the company should acquire Australian firm InterfaceIT for $9 million.
Shareholders will also decide on the appointment of InterfaceIT chairman Roger Sharp to the board. He will replace Mr Weldon as GeoOp chairman. Mr Weldon will stay on as a director.
NBR has requested an interview with GeoOp chief executive Anna Cicognani for this afternoon.
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Campbell Gibson
Thu, 05 May 2016
Thu, 05 May 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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Media barred from GeoOp meeting
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