COMPANIES

Peter Hambro loses board fight

Founder and chairman of gold miner Petropavlovsk (LN:POG) Peter Hambro has been ousted by major shareholders in this week's annual general meeting after more than 20 years in the job. He was voted off the board after agreeing to stand down as chairman but remain executive director.

Peter Hambro received 30% support for re-election to the board from voting shareholders

Peter Hambro received 30% support for re-election to the board from voting shareholders

The stoush was driven by major shareholders Renova Group, Sothic, M&G Investments and DE Shaw.  The group (minus DE Shaw) announced last month it would push for a new chairman and representatives on...

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