Servizi
RevoluGROUP Proxy Shareholder Group Issues Escalation Notice to Shareholders
The Proxy Shareholder Group provided the Board with a formal directors' resolution on , detailing clear steps to:
Despite the board's prior request for this formal narrative and structure, the resolution remains . No explanation has been offered.
Director has acknowledged in writing that the Company has . Yet has been made regarding:
This failure to disclose constitutes a likely breach of and , which explicitly require public issuers to disclose any or as material information.
During a Cease Trade Order (CTO), such non-disclosure not only violates regulatory policy but also signals a troubling disregard for basic governance obligations.
Further concern arises from Mr. McMillan's recent communication encouraging a proxy group leader to engage privately with an unnamed third party ("Patrick") on WhatsApp regarding the Company's financial future. This individual has as a company officer or consultant.
The Proxy Shareholder Group views this as a breach of , a , and a serious .
The Proxy Shareholder Group reaffirms that:
Shareholders are strongly encouraged to contact the Company and demand:
The Proxy Shareholder Group is prepared to continue engaging with regulators, legal counsel, and fellow shareholders to restore transparency, protect investor interests, and relist the Company under responsible management.
View original content:https://www.prnewswire.co.uk/news-releases/revolugroup-proxy-shareholder-group-issues-escalation-notice-to-shareholders-302503478.html