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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