Brief: Stilwell activist fund says John O'Grady will remain a director on Malvern Bancorp board

Malvern Bancorp

01/12/2014 21:40

Dec 1 (Reuters) - Malvern Bancorp Inc  MLVF.O : 
 * Stilwell activist fund believes that management and the board of directors of 
   Malvern Bancorp Inc are now focused on maximizing shareholder value 
 * Stilwell activist fund says john p. o'grady will remain a director on the 
   board of Malvern Bancorp Inc  MLVF.O  - SEC filing 
 * Stilwell activist fund does not believe that value of Malvern Bancorp assets 
   is adequately reflected in current market price of co's common stock 
 * Stilwell activist fund l.p. reports 9.8 percent stake in Malvern Bancorp Inc 
    MLVF.O  as of November 25 
 
 * Source text for Eikon  ID:nEOL9L9XRc  
 * Further company coverage  MLVF.O   
 ((Bengaluru Newsroom; +1 646 223 8780))