Stop the sale of Vector
William Cairns, Entrust Chair
Entrust is in a mess and the Entrust trustees are fighting amongst themselves, rather than working together to protect our annual dividend and improve the resilience of the electricity supply across Auckland.
Despite weak denials about a share sale, The Australian and the National Business Review both report that UBS has a plan to sell up to half of Vector's network assets or acquire Vector shares.
Any form of privatisation means a lower dividend for all of us.
You can help protect our dividend by signing this petition to the Entrust Chair.
Sponsored by
To:
William Cairns, Entrust Chair
From:
[Your Name]
We, the undersigned, respectfully call upon each of the current trustees of Entrust to publicly affirm their opposition to privatisation and that:
1) no Vector shares will be sold or committed for sale;
2) no Vector assets will be sold or committed for sale;
3) no motions to wind up the trust and/or hand assets over to Auckland Council will be undertaken.