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MetalNRG PLC - investor in natural resources and energy - Edward Spencer, a 7.3% shareholder, sends letter asking the company to convene a general meeting. Spencer proposes to remove Chair Christopher Latilla-Campbell and Chief Executive Rolf Gerritsen from the board, and to appoint himself, Adrian Pocock, Paul McKillen and Christopher Palmer as directors of the company. MetalNRG made no comment on the requisition other than to say the meeting must be held within 28 days of the letter's date of November 28.
Current stock price: 0.089 pence, up 19% on Friday in London
12-month change: down 66%
By Tom Waite; thomaslwaite@alliancenews.com
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