In a inventory alternate discover at the moment (13 September), PRSR stated its board reached an settlement with the requisitioning shareholders, which is able to see present non-executive chair Steve Smith step down on the subsequent annual common assembly.
Shareholder discontent deepens as PRS REIT board faces governance considerations
In consequence, Geeta Nanda, senior unbiased director, will tackle the position of interim chair following the AGM and lead the appointment means of a brand new everlasting chair.
The recruitment course of has been launched “instantly”, PRSR stated, because it turned to exterior consultants to suppo…
