Join us

We are a 100% farmer-owned co-operative, committed to capturing the real value of wool, returning profits to members and supporting industry-good initiatives. 

Why Join?

It’s your wool. It’s your industry. Joining the only farmer owned wool co-operative in New Zealand is your opportunity to invest in the future of both, while receiving unique benefits.

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How to Join?

Request a copy of the application form.

    Preferred form of contact:

    The difference a co-op makes

    As a co-operative, we operate under a different philosophical model to organisations with a purely commercial model. We exist to benefit our members.

    Frequently asked questions

    You have questions? We have answers. If you don’t see your question here, please feel free to contact us.

    As a shareholder, will I be kept informed of the results of the Co-Operative?

    Absolutely. Each year you will be able to download, or request a copy of the comprehensive annual report containing the audited accounts. Those with current wool trading will also receive a rebate and shareholder statement to give to their accountant.

    Can I buy shares via a deduction from my CP Wool cheque?

    Yes you can. Please tick the appropriate box on the application form.

    How do I contact the Directors or Secretary?

    Contact Details
    Chair – Hamish de Lautour – [email protected] – Phone 0274 472 815

    Director – Bay de Lautour – [email protected] – Phone 0274 928 908
    Director – William Oliver – [email protected] – Phone 0274 644 069
    Director – Richard Young – [email protected] – Phone 0274 848 986
    Secretary – Alan White – [email protected] – Phone 021 355 955

    If Bay de Lautour owns a large number of shares, doesn’t he have control?

    It’s true that Bay is a significant shareholder, holding around 20% of the shares. The majority of these are in Redeemable Preference Shares that are being redeemed progressively so the percentage held by Bay is actually reducing year on year. And to ensure no shareholder is able to exercise an unfair influence, the Constitution specifically states that every shareholder has one vote per share but the maximum number of votes is limited to 20,000 per shareholder.

    Say I stop farming. Can I cash in my shares?

    Yes, you simply contact the Secretary to request your shares be redeemed. Our Constitution requires this to be at the discretion of the Directors therefore while redemption cannot be guaranteed, in the entire history of the co-operative, redemption requests have always been honoured.

    What is the minimum shareholding?

    The minimum shareholding is $1,000 (1,000 x $1 shares) but to maximise your cash rebate payment you should equate the number of shares purchased with the volume of wool expected to be auctioned through C P Wool in the ratio of 1 share for every 2kgs of wool.

    For example, if you expect to sell 5,000kgs you should purchase 2,500 shares; if you expect to sell 25,000kgs you should purchase 12,500 shares. Where insufficient shares are held for the volume of wool sold, rebates are retained and converted to additional shares.

    When are rebates paid?

    Rebates are calculated after the end of each financial year and normally paid once all audit formalities have been completed.

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