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boohoo has scheduled a meeting for shareholders on 20 December 2024. All shareholders can attend and will have an opportunity to hold the board to account.
Frasers urges boohoo shareholders to vote to appoint Mr. Ashley and Mr. Lennon as directors of boohoo at this shareholder meeting. Frasers also urges shareholders to vote for the removal of Mr. Kamani when the Board convenes a separate shareholder meeting.
Failure to vote, or voting against these resolutions, will only result in further value destruction for all shareholders.
Frasers firmly believes that these appointments and Mr. Kamani’s removal are in the best interests of boohoo, its shareholders and its stakeholders.
Below you will find all the open letters to shareholders as well as the legal opinion of a leading King’s Counsel which confirms there a no competition law issues regarding Mr Ashley’s appointment as a director.