Kerry Co-op allows disgruntled shareholder to sell €500k of stock

The board of the organisation had previously attempted to block David Scannell from selling his shares, after he publicly criticised it

31st October, 2021
Kerry Co-op allows disgruntled shareholder to sell €500k of stock
Shareholder nervousness in Kerry Co-op has increased significantly in recent months, following the failure of talks with Kerry Group

The board and senior management of Kerry Co-op has sanctioned the sale of more than €500,000 worth of shares by a shareholder, who the co-op previously attempted to block from selling his shares unless he apologised for criticising the organisation in public.

As reported by the Business Post last month, David Scannell, from Listowel in Co Kerry, was told he could not sell 895 of his Kerry Co-op shares, which amounted to more than €500,000...

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