Thursday 13 June 2013

Buy us or leave us alone, JKX chief tells Ukrainian ‘raiders’ - FT.com

"Paul Davies, the JKX Oil & Gas chief executive who last week survived an attempted boardroom coup, has called on the company’s two leading shareholders to make a clear choice: buy the energy group or leave its management in peace.
“They can’t have it both ways – they either buy the company or don’t,” said Mr Davies. “We are not saying stop buying shares or don’t buy the company. But they can’t control it with the current shareholding.”
In a letter dispatched to shareholders on Wednesday, Nigel Moore, chairman, thanked them for their overwhelming support in voting for the reappointment of Mr Davies at its annual meeting last week."

'via Blog this'

No comments:

Post a Comment