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Bidstack Group PLC said on Wednesday that it received an email with nine letters professed to be written on behalf of investors holding a 5.3% stake, calling for the removal of Chief Strategy Officer Lisa Hau and Non-Executive Director Glen Calvert as directors. Shares in Bidstick, an in-game advertising firm, dropped by 5.6% to 0.85 pence in London on Thursday morning. Bidstack said that the nine letters were ‘purporting to be’ from Interactive Investor Services Nominee, Hargreaves Lansdown (Nominees) and Lawshare Nominee. The letters request that Bidstack convene a general meeting, and consider resolutions to remove CSO Hau and Non-Executive Director Calvert as directors, and calls for the appointment Nicholas Hargrave as a director. ‘The board intends to comply with its obligations’, said Bidstack. Copyright 2023 Alliance News Ltd. All Rights Reserved
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