Summary
Mark Worthington enjoyed the high life when shares in the air- conditioning business founded by his father were floating upwards on a warm breeze of bullish news.
But this week some of his largest shareholders are expected to start proceedings to force an extraordinary general meeting to oust him and his fellow directors, including chairman Alastair Stoddart, from the family firm, Worthington Nicholls.See the full content of this document
Extract
Uproar Over Worthington Share Sell-Off
Backers are furious that the firm has raised 30 million in less than a year while directors, including chief executive Worthington, have f...
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