Chill Brands Group PLC (GB:CHLL) has released an update.
Chill Brands Group PLC is facing a significant boardroom shake-up as a major shareholder, Jonathan Mark Swann, holding 13.45% of the company, has requisitioned a general meeting to appoint new directors and remove current ones. The company is currently seeking legal advice on the validity of the requisition and advises shareholders to take no action at this stage. Chill Brands, known for its nicotine-free vape products and wellness goods, reaffirms its support for its existing board.
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