Page 3 - படிக அம்பர் நிதி News Today : Breaking News, Live Updates & Top Stories | Vimarsana
UK: Hurricane Energy announces board changes and withdrawal of general meeting requisition
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Hurricane Energy s share price rockets after boardroom shake-up! Time to buy?
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UPDATE: Hurricane Energy in sizeable AGM dissent but CEO, CFO spared
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“As a result there is a significant risk of no value being returned to shareholders,” said Hurricane. The uncertainty is heightened by the fact that Hurricane is facing a boardroom coup attempt. Activist investor Crystal Amber Fund has called for the chairman of Hurricane, Steve McTiernan, and all four non-executive directors to be removed from office with immediate effect. Shareholders will vote on the proposal at an extraordinary general meeting on Monday July 5. Tomorrow chief executive Antony Maris and chief financial officer Richard Chaffe could be voted off the Hurricane board at the company’s annual general meeting. They could continue to work for Hurricane without having seats on the board.
Hurricane Energy shares up as High Court rejects restructuring plan
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