24th Oct 2019 18:19
(Alliance News) - Vordere PLC on Thursday said almost a third of its shareholders rejected the resolutions proposed at its annual general meeting.
The German property investment & development company said it has removed Nicholas Hofgren, Graeme Johnson and Stuart Cheek have been removed as directors with immediate effect, despite 28% of its shareholders voting against these resolutions.
In addition, Vordere said David Irving joined the board, again despite 28% of its shareholders voting against the appointment.
Finally, the company said only 74% of its shareholders agreed to remove any director appointed after September 9 with immediate effect.
Vordere shares are suspended from trading in London, last closing at 10.00 pence each. The company had requested its shares be suspended from Main Market trading in early July so that it could assess its financial position.
By Evelina Grecenko; [email protected]
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