12th Aug 2022 17:18
Ironveld PLC - South Africa-focused exploration and development company - At general meeting, proposals to remove Chair Giles Clarke and Chief Executive Officer Martin Eales were "comprehensively rejected". The meeting was convened at the request of Align Research Ltd, whose owners Richard and Catherine Jennings hold 9.0% of Ironveld's share capital, at the end of June. Richard Jennings later tried to withdraw the requisition for the meeting in early August, which Ironveld said was against the common law practice and company articles of association. Thus, the meeting went ahead, and the resolutions failed to pass. Read More