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Palliser Capital has formally demanded that investors be given a chance to vote to remove seven board members of the energy exploration firm at an extraordinary general meeting.
Palliser has requested an EGM at Capricorn, in a bid to remove the board and scrap the proposed merger with NewMed Energy.
Charles Allen, formerly head of ITV, is in his £400,000 a year post to generate confidence in Matt Moulding’s creation
By Shadia Nasralla
Capricorn Energy's third-biggest shareholder, Palliser, on Monday called for a general meeting to set a vote on removing seven Capricorn directors from supervisory roles including the CEO, a... | December 19, 2022