By Frances Ivens2019-03-06T15:40:00
Norges Bank has upped its stake in Shaftesbury to 25.06%, taking it over the threshold for it to vote down special resolutions brought forward by the company at AGMs.
Special resolutions, which require 75% shareholder approval to pass, have become the weapon with which Sammy Tak Lee, Shaftesbury’s largest shareholder, attacks the West End landlord.
You must be logged in to continue
Register for free to finish this article
Registration includes the following benefits:
To access this article REGISTER NOW
Four articles not enough? SUBSCRIBE for unlimited access to over 100 weekly articles and our comprehensive archive. For as little as £5 per week.