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PRS REIT board pushes back against shareholder revolt
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The move follows a requisition notice put forward by a group of shareholders last Thursday (29 August), which called for a meeting to vote on resolutions including the replacement of chair Stephen Smith and non-executive director Steffan Francis. Shareholders accounting for 17.3% of the trust's total share capital, including names such as Waverton, CG AM and CCLA, also pushed the board to launch a strategic review, with the sale of the company among the potential options to explore. Waverton and CCLA among investor group in PRS REIT seeking chair removal and strategic review In a s...
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Read more on investmentweek.co.ukAbout this in other media
Home REIT shareholders clear way to implement managed wind-down investmentweek.co.uk /1 month ago
PRS REIT shareholders withdraw requisition notice following agreement on board changes investmentweek.co.uk /1 month ago
Southwest Airlines shakes up its board under pressure from a big shareholder abcnews.go.com /1 month ago
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