We held our Annual General Meeting for Punakaiki Fund on Thursday last week, with over 70 people attending and chaired by Mike Bennetts.
The group saw presentations from founders or senior staff from Weirdly, Vibe Communications, Vend, Onceit, Timely, Mobi2Go, EverEdgeIP, Mindfull, Redseed, Populate, and Linewize. We also presented briefly on the other companies where we have invested.
Once again there was some good questioning from investors, and we had a lot of positive feedback about the event. We had a number of people ask for live streaming – something which we will consider for next year.
In the formal part of the evening, which we kept short, we were very pleased that Mandy Simpson, currently COO of NZX, was voted onto the Board of Directors.
The official results are below.
September 2016 roadshow
To give existing and potential new investors a chance to hear more about the fund, and to ask questions in person, we were holding a series of events this week. These will cover the AGM and the likely terms for our proposed offer, which we are planning to launch in the next 2-3 weeks.
Monday 26: Taranaki – get in touch with firstname.lastname@example.org
Tuesday 27th: Wellington. 5:30pm at the Z Shed, 3 Queens Wharf
Wednesday 28th: Nelson – get in touch with email@example.com
Thursday 29th: Christchurch – 5:30pm EPIC, 76/106 Manchester St.
Friday 30th: Dunedin – 4:30 pm, top floor John Wycliffe House, 265 Princes St.
All existing and potential investors are invited, and we welcome any media as well.
2016 Annual Meeting – Official Results
The following resolutions were put to the shareholders of Punakaiki Fund Limited at the Annual General Meeting held on Thursday, 22 September 2016:
1. That Ms. Amanda Simpson be appointed as a director of Punakaiki Fund with effect from the close of the AGM.
2. That Graeme Lance Turner Wiggs, who retires by rotation in accordance with clause 14.3(d) of Punakaiki Fund’s Constitution and being eligible, be appointed as a director of Punakaiki Fund with effect from the close of the AGM.
3. That Ernst Young continue in office as the auditor of Punakaiki Fund, and that the Board be authorised to fix their remuneration for the forthcoming financial year.
All of the resolutions passed, with the summary of the votes below.