Menu
BOOHOO FOR ALL
Value for all shareholders,
not just Frasers.
THE BOARD RECOMMENDS THAT SHAREHOLDERS VOTE AGAINST
ALL RESOLUTIONS AT THE GENERAL MEETING
ONE
The Board has a credible plan to unlock and maximise value for the benefit of all Shareholders through its Business Review and in Dan Finley has the right CEO to lead the business
TWO
Frasers appears intent on disrupting boohoo’s Business Review and acting only in its own commercial self-interest. Frasers has prior history of this sort of corporate behaviour
THREE
Shareholders are being offered no protections in relation to the obvious risks presented by Frasers’ Demands
FOUR
Mike Ashley is conflicted and not a suitable appointment to the Board
FIVE
Mike Lennon is a practicing insolvency expert with a history of working closely with Frasers; Shareholders should ask themselves why Frasers would want him in situ at boohoo
SIX
The Board is not deliberately seeking confrontation with Frasers, but will at all times act in the best interests of the Company and all Shareholders
“I am - as I always have been - focussed on unlocking and maximising shareholder value throughout my career. We have appointed independent advisors Zeus and HSBC to assist with this process, and I will work closely with our independent board to unlock and maximise value for all shareholders, something I am fully committed to deliver”
Dan Finley.
See the full message from our CEO, Dan Finley, here.
