By Kyle Morris
R&Q Insurance Holdings Ltd. said Friday that it has received a notice from shareholder Phoenix Asset Management Partners Ltd. to requisition a special general meeting to propose resolutions to remove Executive Chairman William Spiegel and to appoint founder Ken Randall as an executive director.
The insurer said that it has tried to engage constructively with Phoenix, which holds 12.2% of the company’s issued share capital, to understand the motivations for the proposals. Phoenix has failed to communicate any justification for the proposals.
The board said it is unanimous in its support for Mr. Spiegel and the strategy of the company.
The board recommends that shareholders vote against the proposals if put to shareholders at a special general meeting.
A further announcement will be made in due course.
Write to Kyle Morris at [email protected]
R&Q Insurance Gets Requisition Notice Calling for Removal of Executive Chairman Spiegel & Latest News Update
R&Q Insurance Gets Requisition Notice Calling for Removal of Executive Chairman Spiegel & More Live News
All this news that I have made and shared for you people, you will like it very much and in it we keep bringing topics for you people like every time so that you keep getting news information like trending topics and you It is our goal to be able to get
all kinds of news without going through us so that we can reach you the latest and best news for free so that you can move ahead further by getting the information of that news together with you. Later on, we will continue
to give information about more today world news update types of latest news through posts on our website so that you always keep moving forward in that news and whatever kind of information will be there, it will definitely be conveyed to you people.
R&Q Insurance Gets Requisition Notice Calling for Removal of Executive Chairman Spiegel & More News Today
All this news that I have brought up to you or will be the most different and best news that you people are not going to get anywhere, along with the information Trending News, Breaking News, Health News, Science News, Sports News, Entertainment News, Technology News, Business News, World News of this made available to all of you so that you are always connected with the news, stay ahead in the matter and keep getting today news all types of news for free till today so that you can get the news by getting it. Always take two steps forward
Credit Goes To News Website – This Original Content Owner News Website . This Is Not My Content So If You Want To Read Original Content You Can Follow Below Links