Series of meetings on Kerry Co-Op Voluntary Share Redemption Scheme

A series of meeting are taking place over the next week on a voluntary scheme to cash in Kerry Co-Op shares.

Letters were sent to shareholders in March outlining details of the scheme and warning that the personal tax implications will vary depending on individual circumstances.

Information meetings hosted by Kerry Co-Op will take place in the INEC, Killarney tonight, the Devon Inn, Templeglantine tomorrow,  the Listowel Arms Hotel and the Cahersiveen Park Hotel on Thursday and Bulgaden Castle, Kilmallock next Monday.

All meetings begin at 8.30pm.

The Kerry Co-op Suppliers’ and Shareholders’ Alliance has raised concerns about the proposed scheme as shareholders would be liable for additional taxes if they avail of it.