Boohoo urges shareholders to vote against Mike Ashley as board change is ‘not warranted’

Boohoo app on phone

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Boohoo Group is urging shareholders to reject the “fresh ideas” of Mike Ashley ahead of its upcoming general meeting amid his bid to secure a seat on the board.

Boohoo said that the Institutional Shareholder Services (ISS) has ”recommended that Boohoo shareholders vote against the resolutions” at the meeting which is taking place on December 20.

 

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