XXL ASA (GB:0R3P) has released an update.
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XXL ASA faces a demand from Frasers Group plc to investigate the legality and implications of its proposed Alternative Rights Issue, amid concerns over shareholder treatment and compliance with disclosure duties. As the initial request was too late for inclusion in the upcoming extraordinary general meeting, XXL plans to hold a separate meeting to address the proposal.
For further insights into GB:0R3P stock, check out TipRanks’ Stock Analysis page.
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