NZX Board rejects Elevation Capital demands for adopting its strategy
New Zealand’s exchange (NZX) has informed that its board has rejected six unreasonable demands Elevation Capital placed on the company. The demands are attached, however to summarise the key demands and NZX’s response: Demand from Elevation Capital: that Elevation is immediately granted three directors (Craig Stobo, Christopher Swasbrook and Michael Daniels) on the NZX board.…
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