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Kerry Co-op reportedly blocking share transfer until it receives written apology

Sep 5, 2021 15:09 By radiokerrynews
Kerry Co-op reportedly blocking share transfer until it receives written apology Kerry Co-op reportedly blocking share transfer until it receives written apology
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It's being reported that Kerry Co-op is blocking a shareholder from selling his shares until he apologises to the board.

 

The Sunday Business Post reports David Scannell has been told he cannot sell 895 Kerry Co-op shares until he apologises in writing for criticising the co-op's board and its leadership.

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The board also reportedly wants a commitment from Mr Scannell that he will never re-join the co-op if his share transfer is sanctioned.

 

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Mr Scannell has told Radio Kerry News he cannot comment at this time, but confirmed he is seeking legal advice.

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