PRESS DIGEST - British Business Press - May 6
Daily Telegraph
WIDE SUPPORT FOR BRAMDEAN COUP
Almost 50 per cent of shareholders in Bramdean Alternatives (BRAL.L) support Vincent Tchenguiz's boardroom coup attempt. Bramdean has complained to the Financial Services Authority and the Takeover Panel, claiming Tchenguiz has exaggerated the level of shareholder backing for his plan to remove the board and possibly liquidate the fund. Advisers to Bramdean have privately conceded that Tchenguiz holds at least 47 per cent shareholder support, just below the 50 per cent level necessary to overthrow the board. Tchenguiz is Bramdean's largest shareholder, owning 29 per cent of the fund.
ABERDEEN ON HUNT DESPITE PROFIT SLIP










