Premier Foods Says Oasis Board Rep Steps Down; Chairman Buys Shares

29th Mar 2018 10:59

LONDON (Alliance News) - Food manufacturer Premier Foods PLC said on Thursday that it will terminate its relationship with investment company Oasis Management Ltd from Friday next week.

As a result, the Oasis representative Daniel Wosner stepped down as a non-executive director of Premier Foods with immediate effect.

Premier Foods Chairman Keith Hamill said: "I would like to thank Daniel for his services whilst on the board of the company."

Separately, Hamill, together with his wife Angela, bought 266,666 Premier Foods shares at 37.4 pence each. The shares represent his entire holding.

The stock was up 2.2% at 38.51 pence per share on Thursday.

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