7 Nov 2013

Mighty River shareholders to vote on directors' fees

2:26 pm on 7 November 2013

Mighty River Power is holding its first annual shareholder meeting on Thursday afternoon since floating on the stock market.

The company will ask shareholders to vote on whether the pool of directors' fees should increase by $85,000, so the company can appoint a new director.

The meeting will be held the Ellerslie Event Centre in Auckland at 2pm.

Might River shares were down nearly 1% at midday on Thursday at $2.18 per share, which is below the issue price of $2.50.