Setback for activist
Johnston Press says meeting request ‘invalid’
The board said it has been advised that the requisition notice received on 6 November from Custos Group, the investment vehicle of Norwegian investor Christen Ager-Hanssen, is invalid and it has informed Custos accordingly.
If the board receives a valid requisition request it said will put the proposed
resolution(s) to shareholders.
Mr Ager-Hanssen is calling a meeting in order to remove the chairman Camilla Rhodes and director Michael Butterworth and replace them with former Scottish First Minister Alex Salmond and businessman Steve Auckland.