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NUFARM LIMITED (NUF)

Listed on ASX ( $        )

SHARE PRICES

Former (or subsequent) names

 FROMTO
NUFARM LIMITED25/01/2000
FERNZ CORPORATION LIMITED25/01/2000

Shareholder links

Our website ranking of NUF: rating 5
(5 out of 5)
COMPANY WEBSITE:

 

REGISTRY:

Computershare, Yarra Falls, 452 Johnston Street, Abbotsford VIC 3067

Tel : +61 3 9415 4000 or 1300 850 505
Fax : +61 3 9473 2500
RegistryWebsite RegistryEmail

Company details

Address: 103-105 Pipe Road, LAVERTON NORTH, VIC, AUSTRALIA, 3026
Tel:  (03) 9282-1000 Fax: (03) 9282-1007

Date first listed: 10/11/1988
Company Secretary: Rodney Heath
Sector: Materials Industry Group: XMJ
Activities: Crop protection company producing products which help farmers protect their crops against damage caused by weeds, pests and disease
Class Action: The statement of claim for the consolidated proceeding against Nufarm Limited (NUF) was filed in the Federal Court of Australia. The class action consolidates two separate claims previously filed by law firms Maurice Blackburn and Slater & Gordon. The proceeding is brought on behalf of Nufarm shareholders who acquired an interest in Nufarm securities between 28 September 2009 and 31 August 2010 and who suffered loss as a result of the alleged misconduct. As presently constituted, to be eligible to participate, shareholders must have held some or all of the shares acquired in this period until 1 March 2010, 13 July 2010 or 31 August 2010. The consolidated proceeding seeks to recover losses suffered by NUF shareholders as a result of alleged material non-disclosures and misleading conduct relating to Nufarm's glyphosate business. Nufarm's defence to the consolidated statement of claim is due to be filed on 14 October 201112/08/2011
Class Action: The Federal Court of Australia made orders consolidating the class action brought by Slater & Gordon, Gaby Hadchiti & Ors v Nufarm Ltd with the proceedings filed by Maurice Blackburn, Verbatt Pty Ltd v Nufarm Limited. The Court also made orders for the provision of documents by Nufarm to the applicants as part of the first tranche of the discovery process.09/08/2011
Class Action: A second representative proceeding against Nufarm Limited was filed in the Federal Court of Australia by Slater & Gordon Pty Ltd. These proceedings were also commenced on behalf of shareholders who acquired Nufarm shares, the period for this claim being 2 March 2010 and 31 August 2010. These proceedings were Gaby Hadchiti & Ors v Nufarm Ltd (VID 24 of 2011).14/01/2011
Class Action: A representative proceeding against Nufarm Limited was filed in the Federal Court of Australia by Maurice Blackburn Pty Ltd on behalf of shareholders who acquired Nufarm shares between 2 March 2010 and 31 August 2010. The proceedings are seeking to recover losses suffered by the shareholders as a result of alleged material non-disclosures and misleading conduct relating to Nufarm's glyphosate business. The proceedings are called Verbatt Pty Ltd v Nufarm Limited (NSD 1847 of 2010). The claim alleges that during the claim period, 28 September 2009 to 31 August 2010, Nufarm failed to disclose the true position to the market and was therefore in breach of its continuous disclosure obligations. The claim alleges that various statements made during the claim period were misleading and that the company did not have any reasonable basis to make such representations.24/12/2010
Class Action: ASIC concluded that by 11 February 2010, Nufarm's board of directors had received operational information for the period 1 August 2009 to 31 December 2009 that suggested an operating profit of between $5 - $7 million for 1H2010, representing an 89% fall in profit from the previous corresponding period. However, Nufarm failed to disclose this information to the market until 2 March 2010, when it published its expected 1H2010 results. ASIC considered that from 11 February to 2 March 2010 Nufarm contravened the continuous disclosure provisions in the Corporations Act. As a result of ASIC's investigation, Nufarm agreed to pay a $66,000 fine and gave enforceable undertakings to ASIC which ASIC accepted in resolution and settlement of their investigation into Nufarm's compliance with its continuous disclosure obligations in respect of the company's result for the 1H10 period. The undertakings provided by Nufarm included an agreement to engage Deloitte to review financial reporting processes and Nufarm's policies and procedures relating to continuous disclosure. While Nufarm did not admit to contraventions of s.674(2) and s.674(2A) of the Corporations Act 2001, Nufarm nevertheless acknowledged ‘…that ASIC had reason to be concerned as to the alleged facts'.01/12/2010
Class Action: The Australian Securities and Investments Commission (ASIC) commences an investigation pursuant to s.13(1) of the Australian Securities and Investment Commission Act 2001 into suspected contraventions by Nufarm Limited and its officers, agents and/or employees of their continuous disclosure obligations pursuant to sections 674(2) and 674(2A) of the Corporations Act 2001.19/05/2010
the suspension of trading in the securities of Nufarm Limited (the "Company") will be lifted immediately, following the announcements released by the Company29/12/2009
securities suspended from quotation pending an announcement24/12/2009
many shareholders in this company have unclaimed money due to them - deListed provides a tracing service for a small administration fee that identifies where people can find unclaimed monies arising from compulsory acquisitions and also from dividend distributions, super contributions, inoperative bank, building society or credit union accounts, bequests and other sources - please click here for access to our Lost shares, Lost money?? service17/11/2008
name changed from Fernz Corporation Limited25/01/2000

ASX Announcements (courtesy of ASX)

 

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    Directors' on-market share transactions (last 5)

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    Purchases Sales

    DATEDIRECTORNUMBERPRICEAMOUNT
    10/10/2018Marie McDonald12,388 $6.040$74,824
    05/10/2018Frank Ford5,000 $6.070$30,350
    27/03/2018Marie McDonald8,584 $8.720$74,852
    19/10/2016Frank Ford5,000 $8.900$44,500
    18/04/2016Bruce Goodfellow20,000 $6.960$139,200

    Click here for the last 20 transactions all companies

    Directors & Executives (current)

    NAMETITLEDATE OF APPT
    Donald McGauchieChairman, Non Exec Director19/12/2003
    Greg HuntManaging Director, CEO05/05/2015
    Doug RathboneManaging Director, CEO21/08/1987
    Paul BinfieldCFO04/07/2011
    Frank FordNon Exec Director10/10/2012
    Toshikazu TakasakiNon Exec Director06/12/2012
    Anne BrennanNon Exec Director10/02/2011
    Gordon DavisNon Exec Director31/05/2011
    Bruce GoodfellowNon Exec Director15/02/1991
    Peter MarginNon Exec Director03/10/2011
    Kerrence HoggardDirector
    Marie McDonaldDirector22/03/2017

    Date of first appointment, title may have changed.

    Directors & Executives (former)

    NAMETITLEDATE OF APPOINTMENTDATE OF RESIGNATION
    Garry HounsellNon Exec Director01/10/200408/10/2012
    Robert EdgarNon Exec Director01/07/200927/03/2012
    John StockerNon Exec Director08/10/199801/12/2011
    Doug CurlewisDeputy Chairman, Non Exec Director01/01/200002/12/2010
    Kerry HoggardNon Exec Chairman01/01/198713/07/2010
    Richard WarburtonNon Exec Director01/01/199305/12/2007
    Graeme McGregorNon Exec Director01/01/200031/07/2005
    Dryden SpringNon Exec Director01/01/198111/12/2003

    Date of first appointment, title may have changed.