UK's Purplebricks says shareholders reject Lecram's call for ouster of chairman

Purplebricks

19/12/2022 13:16

Dec 19 (Reuters) - Purplebricks Group Plc  PURP.L  said
on Monday its shareholders rejected a proposal by Lecram
Holdings Ltd, a top-ten shareholder in Britain's biggest
online-only estate agency, for the removal of Chairman Paul
Pindar.
    The company said 71.71% of votes were cast in the general
meeting against the resolution to remove Pindar, while 58.2% of
the votes were against Lecram's call for appointing Harry Hill
to the board.
    Responding to the results, Lecram said in an emailed
statement that it was noting that the company had "recognised
the level of feeling among investors and it should draw the
appropriate conclusion."
 (Reporting by Aby Jose Koilparambil in Bengaluru; Editing by
Shailesh Kuber)
 ((abyjose.koilparambil@thomsonreuters.com; +919986528692))