date:Dec 14, 2012
esolution proposed at the SGM whereby any reduction in the Society's shareholding in Glanbia plc below 38.0% will require a two thirds majority of relevant Society members at a single ballot, was approved by its members.
Commenting, John Moloney, Group Managing Director of Glanbia plc said: We welcome today's vote by Society members. From our perspective, it will result in an increase in the Company's free float while it will also lead to a strengthening of the balance sheet of Glanbia Ingredie