I'll be the one bearing the scars from a recent fight with a...

I'll be the one bearing the scars from a recent fight with a dermatologist (not DrD, I trust)

A draft question follows (or potentially a question on notice for any company folk reading this thread).

"There has been quite a lot of shareholder disquiet recently about the time taken to complete the EFS transaction. At the AGM, the Board led the company's owners (i.e. shareholders, big and small) to believe that the sale was to be completed by mid 2012; and it appears that other EFS deals have gone through in a much shorter time, seemingly with a satisfactory outcome.

Given this background, shareholders more cynical than me might be forgiven for thinking that the resolutions on the table are more designed to benefit directors than other shareholders.

The need to retain confidentiality about progress of the sale is a very convenient (and perhaps legitimate) reason for keeping shareholders in the dark. Nevertheless, are you able to provide us with some information that might help us persuade our more cynical colleagues that the Board does indeed consider its accountability to its owners - the shareholders - to be of paramount importance (as per paras 2.5 and 6.1 in the TXN corporate governance statement); and that better communications with shareholders on these matters would be to their detriment?"

[Suggested improvements welcome]