NewsBite

Bellamy’s ‘playing games’ over share register: Jan Cameron

Dissident shareholder Jan Cameron has accused Bellamy’s of refusing to release its share register.

Dissident shareholder Jan Cameron. Picture: Nikki Davis-Jones
Dissident shareholder Jan Cameron. Picture: Nikki Davis-Jones

The battle for control of Bellamy’s has taken a fresh twist, with dissident shareholder Jan Cameron accusing the company of refusing to release its share register to Black Prince Foundation after its move to requisition an investor meeting to decide the firm's ­future.

Ms Cameron said Bellamy’s 14.5 per cent shareholder, Black Prince, requested a full copy of the share register two weeks ago but was yet to receive it.

“They are playing games about giving it to us,” she said ­yesterday.

Any ASX-listed company ­subject to a shareholder requisition notice is required to produce a copy of its full register ahead of an extraordinary meeting of shareholders.

The Bellamy’s meeting is scheduled for February 28.

But Bellamy’s said yesterday that Black Prince had failed to complete the formalities required for its company secretary to release the register.

“The company confirms it has received a request for the share register. Once the appropriate paperwork has been completed, it will be provided as required,” a spokesman said.

But Ms Cameron claimed Black Prince had made its request “through the proper processes”.

“We still do not have the register. They are playing funny buggers. Whatever they say, we still don’t have the register.”

Black Prince last week wrote to Bellamy’s demanding chairman Rob Woolley’s letter to shareholders, released 10 days ago ahead of the EGM, be re­issued as it made false claims.

Mr Woolley’s letter said Ms Cameron had made an ­“unsolicited’’ approach to provide financial assistance to the ­company.

Damon Kitney
Damon KitneyColumnist

Damon Kitney has spent three decades in financial journalism, including 16 years at The Australian Financial Review and 12 years as Victorian business editor at The Australian. He specialises in writing the untold personal stories of the nation's richest and most private people and now has his own writing and advisory business, DMK Publishing. He has published three books, The Price of Fortune: The Untold Story of being James Packer; The Inner Sanctum, and The Fortune Tellers.

Add your comment to this story

To join the conversation, please Don't have an account? Register

Join the conversation, you are commenting as Logout

Original URL: https://www.theaustralian.com.au/business/companies/bellamys-playing-games-over-share-register-jan-cameron/news-story/debf25984deb2dd808ca9fb775355b32