Amstrad Plc has pretty much given up hope of Alan Sugar’s 30 pence a share offer for the company succeeding at tomorrow’s extraordinary general meeting, and the company said yesterday that it would be seeking two non-executive directors for its board via an advertisement in tomorrow’s Financial Times. We are seeking to appoint non-executive directors […]
Amstrad Plc has pretty much given up hope of Alan Sugar’s 30 pence a share offer for the company succeeding at tomorrow’s extraordinary general meeting, and the company said yesterday that it would be seeking two non-executive directors for its board via an advertisement in tomorrow’s Financial Times. We are seeking to appoint non-executive directors in the increasingly likely event that Alan Sugar’s offer is rejected, it said. Standard Life with 2.3% will now vote against. Amstrad will advertise for two non-execs. According to Reuter, copy of the advertisement says The first applicant should have sufficiently senior experience to be able to appraise all financial aspects of the company. The second applicant should be an industrialist with a consumer product manufacturing background, or be highly experienced in the distribution of consumer products to trade customers.
