tiprankstipranks
PRS REIT Faces Leadership Reshuffle Push by Shareholders
Company Announcements

PRS REIT Faces Leadership Reshuffle Push by Shareholders

PRS REIT Plc (GB:PRSR) has released an update.

Invest with Confidence:

PRS REIT PLC, a UK-based real estate investment trust, has received a requisition letter from a group of shareholders holding over 17.3% of its issued share capital, calling for a general meeting to vote on the removal of two current independent non-executive Directors and the appointment of two new ones. The company is currently seeking advice on the validity of the requisition and will update the market in due course. This move reflects significant shareholder action aimed at reshaping the leadership of the company that specializes in the Private Rented Sector.

For further insights into GB:PRSR stock, check out TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App