Live Breaking News & Updates on Friday Crystal Amber

“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. ....

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