News blog
Swallowfield
- BY: Andrew Hore |
- POSTED: 03/11/2011 |
Western Selection has failed in its attempt to block Martin Hagen becoming chairman of the personal care and household products supplier Swallowfield.
At Swallowfield’s AGM, Western Selection voted against the appointment of Hagen as a director but he was still appointed to the board. However, the resolutions relating to disapplication of pre-emption rights, authorisation of the market purchase of Swallowfield’s own shares and the adoption of new articles were defeated.
At 119p a share, Swallowfield is valued at £13.5m.
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