BTEM British Empire Trust Plc

TIDMAGT

RNS Number : 6939R

AVI Global Trust PLC

08 November 2021

AVI Global Trust plc ( the " Company ")

LEI: 213800QUODCLWWRVI968

8 November 2021

AVI Seeks Removal of Third Point director at TPIL

Asset Value Investors (AVI), which manages AVI Global Trust (AGT.LN), confirms that it and three other shareholders collectively owning over 18 per cent. of the Ordinary Shares requisitioned the TPIL Board on 2 November 2021 to convene an extraordinary general meeting (EGM) of TPIL at which Shareholders will be asked to vote on a resolution to remove Joshua L Targoff, the representative of Third Point LLC on the Board, as a director of TPIL. We have chosen to disclose this today given the Board's failure to inform the market of their receipt of this requisition.

We intend to publish an open letter to Shareholders providing full background to this requisition as soon as a date has been set for the EGM.

Contact:

Tom Treanor

Head of Research/Executive Director

Tom.treanor@assetvalueinvestors.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

MSCEALFPESPFFFA

(END) Dow Jones Newswires

November 08, 2021 10:00 ET (15:00 GMT)

Grafico Azioni British Empire (LSE:BTEM)
Storico
Da Apr 2024 a Mag 2024

Grafico Azioni British Empire (LSE:BTEM)
Storico
Da Mag 2023 a Mag 2024