November 9, 2017 / 2:11 PM / a year ago

Activist investor TCI might call EGM to oust LSE chairman Brydon: source

LONDON (Reuters) - Activist firm TCI Fund Management might call an extraordinary shareholder meeting to oust London Stock Exchange Group chairman Donald Brydon, a source close to the firm told Reuters.

Chris Hohn’s London-based hedge fund firm TCI may write to the board to request the meeting on Thursday afternoon after it first sent a letter asking for Brydon to step down last week.

A spokesman at LSE declined to comment.

Sky News reported earlier on Thursday that TCI was ‘plotting’ an imminent move to unseat Brydon.

Reporting by Maiya Keidan; Editing by Rachel Armstrong

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below