Weak Corporate Governance Under Gavin Darby’s Leadership

Under Gavin Darby Premier Foods has consistently made poor corporate governance decisions including:

1. Denying shareholders the opportunity to evaluate McCormick’s 2016 65p per share takeover approach

  • McCormick 65p takeover approach is 64% higher than current share price

  2. More recently, in our view the Company had an unsatisfactory response to the strategic           review which was designed to uncover ways of creating shareholder value

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