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UK Mail relationship agreement with shareholders

07 July 2015 15:11

UK Mail Group has entered into a written and legally binding relationship agreement with its controlling shareholders who have in excess of 50% of the issued share capital.

The group says the purpose of the agreement is to formally ensure compliance with the independence provisions set out in LR 6.1.4D. In this light, the company will seek the approval of the independent shareholders at the forthcoming AGM in respect of the resolutions relating to the re-election of independent directors.

At 3:11pm: (LON:UKM) UK Mail Group PLC share price was +7.5p at 507.5p

Story provided by StockMarketWire.com

Related Company: UKM

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