RCS - Asset Value Investrs - AVI Campaign Calling for Fujitec to Adopt Reforms
12/05/2020 08:22
RNS Number : 6190M Asset Value Investors Ltd 12 May 2020 Asset Value Investors Ltd Asset Value Investors (AVI) launches a campaign calling for Fujitec (TSE6406) to adopt fundamental reforms Asset Value Investors (AVI), on behalf of institutional clients, is a 3.4% shareholder in Fujitec, a top ten global elevator and escalator manufacturer by revenues. We have today launched a campaign calling for Fujitec to adopt fundamental reforms after years of poor performance. Given Fujitec's chronic undervaluation and the huge opportunity to expand margins, adopting these measures should lead to substantial upside for shareholders. A copy of our letter to Fujitec's Board of Directors and presentation outlining our measures to improve shareholder value can be found by clicking on the following link: https://www.takingfujitectothenextlevel.com/ Enquiries: Daniel Lee (daniel.lee@assetvalueinvestors.com) This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com. END NRAEAXSAFFEEEEA
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