Van Elle Holdings PLC Requisition of General Meeting (2479W)

TIDMVANL

RNS Number : 2479W

Van Elle Holdings PLC

13 November 2017

13 November 2017

Van Elle Holdings plc

("Van Elle" or the "Group")

Requisition of General Meeting

The Board of Van Elle notes the press commentary over the weekend and confirms that it has received a letter from Michael Ellis, the former Chairman, requesting that the Company convenes a general meeting of Van Elle's shareholders. At the meeting, Mr Ellis proposes that resolutions be put to shareholders seeking the appointment of himself and his son-in-law, Thomas Lindup, as directors of the Company, as well as resolutions to remove Jon Fenton, Chief Executive, and Robin Williams, Senior Independent Director, as directors of the Company.

The Company has until 29 November 2017 to send a circular to shareholders convening the shareholder meeting and will issue this in due course. At this time, the Board recommends that shareholders take no action.

The Board confirms that trading conditions for the Group are unchanged since the announcement of 12 September 2017 and confirms that it will provide a scheduled update on trading for the first half of the financial year later this month.

Enquiries:

 
 Instinctif Partners (Financial 
  Public Relations)                  020 7457 2020 
 Mark Garraway 
 James Gray 
 Rosie Driscoll 
 
 Peel Hunt LLP (Nominated Adviser 
  and corporate broker)              020 7418 8900 
 Charles Batten 
 Mike Bell 
 Justin Jones 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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November 13, 2017 02:00 ET (07:00 GMT)