So says Reuters reporting from Bramdean’s EGM in Guernsey.

In a shareholder vote carried out in Guernsey on Thursday, Tchenguiz secured 55.59 percent support to install his candidates to the board, with 44.41 percent voting against, one source familiar with the situation said.

All of which leaves us wondering what Nicola Horlick does next. Will she persist with her bid for Bramdean Alternatives or retire, ahem, gracefully?

Update:
The Reuters story has now been confirmed.

Related link:
Postcode asset management – FT Alphaville

This entry was posted by Neil Hume on Thursday, June 18th, 2009 at 15:38 and is filed under Capital markets, M&A. Tagged with Bramdean Alternatives, nicola horlick, vincent tchenguiz. Edit this entry.