"In an age where one or two shareholders have made occasional moves that might be portrayed as courageous, and posed the odd tricky question to company management, here is a public relations quandary. How does a London-listed company best stage an annual general meeting as shareholders reflect on a year in which (a) their investment has slumped by more than 60%; (b) the company has issued five (count 'em) profit warnings; and (c) one of those profit warnings came just a fortnight after two executives sold substantial stakes in the business?
The answer to that thorny problem is simple. Hold the meeting in Dubai. And on a bank holiday.
That is how the oil rig builder Lamprell will conduct its annual gathering on Monday, so if you're reading this over Sunday brunch and you fancied attending – you'll need to get a move on."
'via Blog this'
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