Receipt of Requisition Notice

RNS Number : 5278P

Trian Investors 1 Limited

20 June 2022

 

20 June 2022

TRIAN INVESTORS 1 LIMITED

Receipt of Requisition Notice

The board of directors (the "Board") of Trian Investors 1 Limited (the "Company") confirm they have received a request dated 20 June 2022, seeking to requisition an Extraordinary General Meeting of the Company, to consider reconstituting the Board by removing three of the four current directors, being Chris Sherwell, Simon Holden and Anita Rival and nominating two new directors, Robert Legget and Miles Staude to replace the outgoing three directors (the "Requisition").

The Requisition was signed by The Bank of New York (Nominees) Limited UKREITs, Harewood Nominees Limited, Securities Services Nominees Limited, Pelham Capital Limited and Global Value Fund Limited, being holders of registered legal title to, in aggregate, more than 10% of such of the capital of the Company as carries the right of voting (excluding any capital held as treasury shares). The Board understands that these registered holders represent Global Value Fund, Invesco, Janus Henderson Investors UK Limited and Pelham Capital.  

The Board believes that it has consistently acted responsibly, upholding the standards expected under the UK Code of Corporate Governance and has effectively discharged its fiduciary duties.

The Board is in the process of reviewing the content and legality of the request with its advisers and a further announcement will be made in due course. The Board welcomes input and views from all stakeholders.

LEI: 213800UQPHIQI5SPNG39

For further information, please contact:

Numis Securities Limited

(Joint corporate broker) 

[phone]

David Benda

Nathan Brown

Vicki Paine

Jefferies International Limited

(Joint corporate broker)

[phone]

Stuart Klein

Ocorian Administration (Guernsey) Limited
(Administrator and Company Secretary)
[phone]
Chezi Hanford

 

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