OptiBiotix Health (GB:OPTI) has released an update.
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OptiBiotix Health plc faces a setback as Peterhouse Capital Limited denies its request to vote on removing the CEO of ProBiotix at a general meeting, citing concerns over the company’s leadership stability and shareholder interests. OptiBiotix argues that the move is necessary to protect shareholder value, as the company’s market cap has significantly declined. The company urges shareholders to vote in favor of the proposed resolutions to prevent further erosion of value.
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