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Maven Renovar VCT PLC Advises Against Proposed Resolutions Amid Management Changes

Story Highlights
  • Maven Renovar VCT PLC advises shareholders to vote against resolutions proposed by Paul Jourdan.
  • The board criticizes Amati’s past performance and proposes a new strategy with Maven Capital Partners.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Maven Renovar VCT PLC Advises Against Proposed Resolutions Amid Management Changes

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Amati AIM ( (GB:MRV) ) has issued an update.

Maven Renovar VCT PLC has published a circular advising shareholders to vote against resolutions proposed by Paul Jourdan and a small group of shareholders. The board criticizes the former manager Amati’s performance, citing significant losses and underperformance, and emphasizes the need for experienced management to navigate the complex VCT market. The board has proposed a new management strategy with Maven Capital Partners to address these challenges and improve shareholder value.

More about Amati AIM

Average Trading Volume: 15,927

Technical Sentiment Signal: Hold

See more data about MRV stock on TipRanks’ Stock Analysis page.

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