Empyrean Energy said shareholders James Kight and Richard Appleby have requested an extraordinary general meeting of the company to consider resolutions regarding the removal of two senior directors.
Kight and Appleby, who have a 9.5% stake and 6% stake, respectively, are calling for the removal of non-executive chairman Patrick Cross and financial director John Laycock.
They also call for the appointment of three new directors: Richard Appleby, Jeremy Edwards and Jeremy Sleap.
“The company is taking appropriate advice and further announcements will be made in due course” the company said in a statement.
Recommended for you
