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REFILE-Electra shareholders vote to keep Bramson out

Mon, 06th Oct 2014 11:02

(Refiles to fix formatting of company instrument code)

LONDON Oct 6 (Reuters) - Shareholders in UK private equityfund Electra have voted to reject activist investorEdward Bramson's request to join the board, the company said ata general meeting on Monday.

Sherborne Investors, Bramson's investment vehicle andElectra's largest shareholder, had forced the meeting in anattempt to instigate a strategic review. The board also rejectedthe proposed appointment of former Sherborne chairman IanBrindle to the board, and the removal of non-executive directorGeoffrey Cullinan.

Bramson declined to comment on the results of the vote. (Reporting by Freya Berry, editing by Louise Heavens)


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