Companies Archives

Sibir Energy presses case against former directors

London AIM-listed Sibir Energy plc, (SBE.LN), the Russian energy company listed on London’s Alternative Investment Market (AIM), has begun proceedings in the High Court against two of its former directors, Henry Cameron, former chief executive, and Chalva Tchigirinski, a property …

Eddington re-election concerns at Rio Tinto

Sir Roderick Eddington will stand for re-election at the upcoming meetings of Rio Tinto plc and Rio Tinto Ltd, the two listed holding companies on the Rio Tinto group.

Manifest’s research report ahead of the AGMs have noted a number …

Meggitt CEO’s underwater options to have exercise period extended

At the AGM of Meggitt plc, shareholders will be asked to amend the period following the cessation of employment during which options under Part B of the plan (the part not Inland Revenue approved) may be exercised. It is proposed …

Joint Chair/CEO – UK shareholders push for change

Two notable shareholder resolutions on both sides of the Atlantic have put the role of UK investors in pressing for change at quoted companies firmly in the spotlight.

Texas Instruments (TI) has come under close scrutiny from RailPEN, the …

What’s happening to ownership?

Tomorrow’s Company has announced an investigation into the ownership of companies and how it is changing. Hermes Equity Ownership Services will be supporting the study which will be examining:

Future ownership trends;
Key trends and their meaning for companies; and

Regime change at Independent News & Media

Today’s announcement regarding the directorate changes at Independent News & Media largely focuses on the retirement of Sir Anthony O’Reilly, after 36 years leading the Company. His son, Gavin, will take over the reigns as his father’s distinguished career at …

Fiat extends Board slate nomination deadline

Fiat has extended the deadline for the submission of slates of candidates for its Board of Directors and Board of Statutory Auditors, to be elected at the AGM on 27 March.

With reference to the forthcoming General Meeting of Shareholders,

Board slate nominations open at Fiat

Fiat has released its notice of AGM, with the first call due to be on 26 March and the meeting expected to be held on the second call on Friday 27 March. With the board structure following the traditional …

Parmalat Damages Agreed

U.S. judge, Lewis A. Kaplan, has ruled that two lawsuits brought by Parmalat Finanziaria SpA bond and share holders and Parmalat SpA CEO Enrico Bondi, can proceed against auditing firm Grant Thornton International in relation to the collapse of Parmalat …

Xstrata shareholders hit the ballots

It’s lucky for Xstrata that it’s listed in the UK rather than France otherwise their EGM results announcement would have a different story to tell about the level of shareholder unhappiness at yesterday’s meeting to approve the Glencore deal. Put …