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The annual report of former AIM-traded company Meldex International plc for the December 2008 year end has been published and includes revealing statements from the new CEO about the serious lapses in corporate governance during the tenure of his predecessor. In June 2009, Meldex, the Cambridge-based pharmaceutical company whose shares were suspended …… continue reading >> London Stock Exchange this week announced a consultation on the AIM Rules a which is open until 15 January 2010. The proposals will see all AIM companies obliged to disclose details of directors’ remuneration on an individual basis, as the rules catch up with the actual practice of most leading AIM companies. …… continue reading >> Northern Rock’s former shareholders have lost their bid for a judicial review of the nationalisation compensation scheme but have vowed to press their claims in the the House of Lords and, potentially, the European Court of Human Rights. The House of Lords appeal could be heard in summer 2010 but an appeal to the European Court …… continue reading >>
Concerns about the corporate governance arrangements of AIM quoted companies will no doubt raise their head again after the public censure of Blue Oar Securities, the AIM Nominated Advisor (NOMAD) that last week changed its name to Astaire Securities. Blue Oar has been fined £225,000 by the London Stock Exchange for …… continue reading >>
London AIM-listed Sibir Energy plc, (SBE.LN), the Russian energy company listed on London’s Alternative Investment Market (AIM), has begun proceedings in the High Court against two of its former directors… …… continue reading >> |
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© 2012 Manifest - The Proxy Voting Agency | ISSN 1745 - 1132 | |
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