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East Imperial PLC: Shareholder Update
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The Board of East Imperial, the global purveyor of ultra-premium beverages, has recently received a proposal from Mr Andrew Regan, who purports to be acting on behalf of some of the Company’s shareholders, which the Company understands he has now also shared with various other shareholders of the Company.

Central to Mr Regan’s proposal is the appointment of two new non-executive directors that he has identified and for one such director to replace the Chairman on the grounds that the Board is “lacking cohesiveness” and “requisite PLC experience”. 

The Board of East Imperial, the global purveyor of ultra-premium beverages, has recently received a proposal from Mr Andrew Regan, who purports to be acting on behalf of some of the Company’s shareholders, which the Company understands he has now also shared with various other shareholders of the Company.

Central to Mr Regan’s proposal is the appointment of two new non-executive directors that he has identified and for one such director to replace the Chairman on the grounds that the Board is “lacking cohesiveness” and “requisite PLC experience”. 

https://www.londonstockexchange.com/news-article/EISB/shareholder-update/15154063

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