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Wed, 07th May 2014 09:45
LONDON (Alliance News) - James Latham PLC said Wednesday that Chairman Peter Latham is in hospital following a serious accident.
As an interim measure, the company said Meryl Bushell, non-executive Director, will perform the role of acting Chairman until further notice.
Shares in James Latham last traded at 467.5 pence per share.
By Alice Attwood; aliceattwood@alliancenews.com; @AliceAtAlliance
Copyright 2014 Alliance News Limited. All Rights Reserved.
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Read moreJames Latham tumbled Thursday after the timber merchant posted a big drop in annual profit, cut its dividend and warned that demand remains weak. Profit before tax for the year to 31 March 2009 slumped to £4.2m from £7.1m in 2008 on revenue down 3% to £113.9m. The group warned in March that the res
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