Following the distribution of the Notice of Meeting for Rakon’s Annual Meeting due to be held on 12 August 2021, some shareholders have asked to see a copy of the independent report prepared by Strategic Pay in connection with the resolution relating to the proposed increase in directors’ fees. A copy of the Strategic Pay Report is available here.
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Rakon is a global high technology company and a world leader in its field. The company designs and manufactures advanced frequency control and timing solutions. Its three core markets are Telecommunications, Positioning and Space and Defence. Rakon products are found at the forefront of communications where speed and reliability are paramount. The company’s products create extremely accurate electric signals which are used to generate radio waves and synchronise time in the most demanding communication applications. Rakon has three manufacturing plants, and has six research and development centres. Customer support personnel are located in sixteen offices worldwide. Rakon is proud of its New Zealand heritage; it was founded in Auckland in 1967. It is a public company listed on the New Zealand stock exchange, NZX, ticker code RAK.