From Hugh........
"A few weeks ago I submitted a resolution to Tesco plc with the support of 102 shareholders representing some 3.7 million ordinary shares. The resolution challenges Tesco’s claims about poultry welfare, and urges them to set new minimum welfare standards, including lower stocking densities and more environmental stimuli for the birds.
Now Tesco have told me that they will only take our resolution to the AGM if I meet the cost of distributing the relevant papers to their shareholders. They are entitled to waive this fee, and we have requested that they do so, in the interest of shareholder democracy, but they have declined. In other words, the resolution is dead in the water unless I pay them £86,888 to print and post the papers out to all 269,000 Tesco shareholders."
Hugh’s Tesco Chicken Check Out Challenge