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Dignity slumps to loss despite UK death toll soaring to highest since 1918
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Dignity slumps to loss despite UK death toll soaring to highest since 1918
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Dignity slumps to loss despite UK death toll soaring to highest since 1918
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Dignity slumps to loss despite UK death toll soaring to highest since 1918
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IN BRIEF: Dignity s largest shareholder seeks to oust executive chair
Thu, 11th Mar 2021 09:36
Dignity PLC - West Midlands-based funeral services provider - Largest shareholder, Phoenix UK Fund, requisitions a general meeting. Phoenix, which owns 29.9% of Dignity, wants to remove Executive Chair Clive Whiley and appoint Gary Channon as an executive director, Dignity says. Channon is the founder and chief investment officer of Phoenix Asset Management Partners, which manages Phoenix UK Fund. Dignity says it will respond to the requisition and asks shareholders to give no commitments to Phoenix regarding its resolutions.
Dignity back in December appointed Dean Moore as interim chief financial officer, after Steve Whittern resigned as finance director. The company said at the time it has not lost sight of the need to drive the ongoing root and branch review through to an economic conclusion.