Post & Parcel: Gatemore withdraws EGM request “in light of misconceived DX-Menzies merger”
Gatemore Capital Management has announced that it has withdrawn its request for an Extraordinary General Meeting for DX Group shareholders,
The Times: Gatemore passes the parcel on DX deal
An activist investor in DX has called off an emergency meeting to vote on removing the chairman and a non-executive
Our letter to the board of DX Group
We are withdrawing our EGM requisition dated 17 March 2017.
The untimely announcement of discussions between DX and John Menzies
Telegraph: Board of logistics group DX wins reprieve as activist investor shelves emergency meeting
Gatemore has withdrawn its EGM request while the current board continues to negotiate on a reverse merger with John Menzies
Coverage of Gatemore’s letter to DX Group calling an EGM
Gatemore has requested that DX (Group) Plc convene an EGM, proposing that Chairman, Bob Holt, and the Non-Executive Director, Paul
Coverage of Gatemore’s Response to FC’s trading results
Gatemore was disappointed, but unfortunately not surprised, that French Connection failed to improve on 2016’s dismal trading results. Liad Meidar,
Coverage of Gatemore’s 2nd letter to French Connection
Gatemore and OTK Holding, both minority shareholders in French Connection Group, joined forces to issue a public letter demanding immediate
Our latest public letter to the Board of the French Connection Group
Unless decisive action is taken immediately, we believe the French Connection Group could approach a zero or even negative cash balance by this summer - and it will be forced to sell some of its most valuable assets such as the lease on its flagship store on Oxford Street in London.
Read moreStill Not Enough: French Connection’s trading statement
French Connection’s products are being better received by the market following the hiring of a new design team, evidenced by a rise in like-by-like sales of 6.5% in the UK and Europe and concessions growth of 13.9%, according to Gatemore Capital Management, an activist investor with 8% in the retailer.
Read moreCoverage of French Connection activist letter
Gatemore Capital Management has been featured in the following publications following its announcement that it wishes to speak with the French Connection UK management board about rejuvenating the retailer’s brand and finances.
Read more