Page 10 - Clive Whiley News Today

Submitting... The statement added: "We continue to work towards our goal of becoming an asset light business, greatly facilitated by the implementation of our new way of stock purchasing, meaning that our franchise partners contract to pay for products directly with our manufacturing partners." Clive Whiley, Chairman of Mothercare, said: "Our performance in 2021 shows that whilst we are not immune to the impact of the pandemic on our franchise partners operations around the world, we have ended...

Mothercare FY Net Worldwide Franchisee Retail Sales Down 40% LONDON (dpa-AFX) - Mothercare plc (MTC.L) reported unaudited net worldwide franchisee retail sales for the financial year to March 2021 of £326 million, down 40% from last year, reflecting the impact of Covid-19 in the various markets in which the companys franchisees operate around the world. At the year end Mothercare had net debt of £12.1 million, being cash of £6.9 million against a substantial drawdown of £19.5 million from ...

Top UK Stocks to Watch: Greggs shares pop as sales return to pre-pandemic levels Joshua Warner May 10, 2021 8:45 AM Greggs sales benefit as the high street reopens, Provident confirms it is withdrawing from the home credit market, Centrica continues to see lower demand, Dignity’s new management prepare to shake things up, and Aquila Energy Efficiency Trust prepares an IPO in London. ...

Funerals firm Dignity starts search for new board roles following coup The boardroom coup at Dignity has led to a search for three new directors (Ben Birchall/PA) Funeral director Dignity has confirmed plans to start the hunt for three new non-executive directors, including a new chairman, following a boardroom coup by activist investors. The move comes less than a week after investment fund Phoenix won a vote to oust the chairman and install its own representative. As a result of the move, its...

Shareholders backed the argument for change at the top made by Phoenix Asset Management, which has built up a 29.9 per cent stake in Dignity in recent years.

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Results of Resolutions considered at General Meeting Dignity plc (the "Company") announces that at the general meeting of shareholders held earlier today, both of the resolutions proposed by Phoenix UK Fund Limited ("Phoenix"), the Companys largest shareholder (currently holding approximately 29.9% of the Companys voting share capital) were passed. The voting was conducted on a poll, with all valid proxy votes being cast by the chairman of the meeting. The voting on each resolution was as follo...

CORRECT: Dignitys Whiley ousted as chair, Phoenix wins over investors Thu, 22nd Apr 2021 17:40 (Correcting to clarify that three Dignity PLC directors will depart following the general meeting vote.) (Alliance News) - Dignity PLC on Thursday lost a shareholder vote on the future of its executive chair, the latest twist in the funeral services and prepaid funeral plans providers dispute with its biggest shareholder. Dignity said 55% of voters at a general meeting on Thursday supported a motion ...

Dignity chairman ousted in shareholder coup (Jonathan Brady/PA) The chairman of funeral provider Dignity has been ousted in a coup led by the company’s biggest shareholder. Dignity said 55% of votes cast by shareholders backed a motion to remove Clive Whiley as a director. Shareholders backed the argument for change at the top made by Phoenix Asset Management, which has built up a 29.9% stake in Dignity in recent years. They also backed Gary Channon, who was nominated by Phoenix, to join the ...

(Jonathan Brady/PA) Thank you for signing up to The Press and Journal newsletter. Something went wrong - please try again later. Sign Up The chairman of funeral provider Dignity has been ousted in a coup led by the company’s biggest shareholder. Dignity said 55% of votes cast by shareholders backed a motion to remove Clive Whiley as a director. Shareholders backed the argument for change at the top made by Phoenix Asset Management, which has built up a 29.9% stake in Dignity in recent ...