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  • BY: Andrew Hore |
  • POSTED: 21/11/2013 |

Bglobal has adjourned the requisitioned general meeting that would have been held tomorrow after former executive chairman Peter Kennedy withdrew the requisition.

The resolutions to remove Tim Jackson-Smith and James Newman from the board would have been defeated anyway.

Bglobal subsidiary Nutech Training has signed a franchise deal with Future Energy Solutions, which will enable the latter to open a training centre in the North East using Nutech’s accreditations. The centre will train smart meter installers.

A strategic rview of Bglobal continues. The strategic review includes plans to cut head office costs and implement cash management procedures.

At 7.25p a share, Bglobal is valued at £7.71m.

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