Redemption of Ravensdown shares in WA

WAFarmers has received calls from members expressing concern about the seemingly unnecessary delay in the payout of Ravensdown shares. 

As a response, WAFarmers has written to the board of Ravensdown Ltd on behalf of members requesting clarity to the terms and schedule under which WA shareholders can expect the redemption of Ravensdown shares. 

This follows correspondence from Ravensdown to its members regarding the purchase of Ravensdown’s WA operations by Louis Dreyfus Commodities and that the process of the redemption of shares is governed by Ravensdown’s Constitution which provides some flexibility as to timing.  Members will be kept informed of any updates on this issue.

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