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Brief: Element: EGM Rejects Alpha Blue Ocean Proposal To Amend BoD

Aug 19 (Reuters) - ELEMENT ASA  ELEM.OL :
    * Says an Extraordinary General Meeting (EGM) in Element
rejected
a proposal made by Alpha Blue Ocean to amend the company's Board
of Directors (BoD)
    * Alpha Blue Ocean announced on August 9 the firm was
concerned
about Element's share price performance and therefore planned to
propose new directors ahead of Element's EGM  urn:newsml:reuters.com:*:nBwrWFWFa
    * On Friday Alpha Blue Ocean expressed concern about
Element's
acquisition of PALCapital and requested detailed information
about the terms of the acquisition of PALCapital  urn:newsml:reuters.com:*:nBw6j78pba

    
 Source text for Eikon:  ELEM.OL 
    
 Further company coverage:  urn:newsml:reuters.com:*:nObil42sSa 
   


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