Dye & Durham investor Plantro calls for special meeting, urges sale of company, documents show

Dye & Durham

07/07/2025 12:48

NEW YORK, July 7 (Reuters) - Canadian legal software maker Dye & Durham's DND.TO second biggest investor, Plantro Ltd, has launched a proxy fight to elect new directors and is pushing for a sale of the company, according to documents seen by Reuters.

Plantro Ltd, which owns 11% of Dye & Durham, told the company on Monday that it nominated three director candidates to the 7-person board and that it requisitioned a special meeting where shareholders would vote on the nominees.

 (Reporting by Svea Herbst-Bayliss; Editing by Louise Heavens)

 ((svea.herbst@thomsonreuters.com; +617 233 2138; Reuters Messaging: svea.herbst.thomsonreuters.com@reuters.net))