Sweet Sky and Shellhouse tried to requisition a general meeting to force a vote on the removal of all the directors and the installation of a new board.
Perhaps not coincidentally, the day after the change in shareholdings was announced, ADVFN chief executive Clem Chambers exercised existing options over a total of 411,473 ordinary shares at an exercise price of 14p a share.
ARIE Capital’s Stephen Margolis, the Chairman and Founding Partner of the company introduces his firm to Proactive London.