May 17, 2018 / 4:35 PM / 6 months ago

BRIEF-Petropavlovsk Updates on Shareholder Requisition

May 17 (Reuters) - Petropavlovsk PLC:

* SAYS CONFIRMS THAT ON 16 MAY 2018 IT RECEIVED A SECOND REQUISITION LETTER FROM CABS PLATFORM LIMITED AND SLEVIN LTD

* SAYS LETTER PROPOSES CERTAIN CHANGES TO ORIGINAL REQUISITION LETTER

* SAYS THE LETER REITERATES PROPOSAL TO REPLACE CURRENT BOARD MEMBERS AND APPOINT THREE FORMER DIRECTORS

* SAYS BOARD IS TAKING ADVICE IN RELATION TO BOTH REQUISITION LETTERS

* IN THE MEANTIME, BOARD RECOMMENDS THAT SHAREHOLDERS DO NOT TAKE ANY ACTION Source text for Eikon: Further company coverage: (Gdynia Newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below