Spends at least $500 on qualifying products & services.
Calculated annually @ 4% of spend Holding values year to year.
Determine voting rights:
1 share = 1 vote.
Redeemed by LIC when exit farming.
Co-operative Control Shareholders only
No minimum holding - Maximum holding of 5%
Receive dividends, if declared
Can be traded on NZAX or privately between Shareholders
Must be sold within 2 years after surrender of Co-operative Shares