Bremworth board to call special meeting

Listed carpet maker Bremworth is preparing to call a special meeting requested by disgruntled shareholders representing 11.5% of the company’s capital, seeking to remove current directors and appoint new ones. The board, engaged in a strategic review, has attempted to engage with the shareholders to avoid disruption but faces resistance from the requesting shareholders, who want Robert Hewett as the new chair due to potential conflicts of interest. Further details on the meeting will be provided to shareholders in due course.

Full Article