Institutional Shareholder Services is recommending that investors vote against plans to oust the board and install five new directors at a general meeting that is due to happen on 14 August.
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By Ian Walker Nanoco Group said Tuesday that it will hold a general meeting on Aug. 14 as requested but advises shareholders to vote against the resolutions.
Nanoco Group PLC on Tuesday called for a general meeting on August 14 responding to the shareholder requisition of a general meeting, and argued that shareholders should vote against all proposals..