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IN BRIEF: Primorus Shareholder Seeks Ouster Of Entire Board

Wed, 09th Sep 2020 13:17

Primorus Investments PLC - investment firm focussed on natural resources sector - Gets general meeting requisition letter from an unnamed investor holding 5% stake in the company. Letter seeks removal of current directors of the company and appointment of Rupert Labrum, Hedley Clark and Matthew Beardmore as directors. Primorus notes it must call a general meeting with 21 days of the day the letter was received, and the meeting must be held within 28 days of calling the meeting. It says it will make further announcements in due course.

Current stock price: 4.24 pence

Year-to-date change: up 70%

By Tapan Panchal; tapanpanchal@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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