Yesterday Pittards, the UK based tanning group, held their AGM. It lasted nine minutes, fitting the routine of many companies in the UK and US where getting AGMs concluded in record time is a target. This approach begs a few questions: – Why bother to turn up – Why not use the event for PR […]
Pittards into Africa – at long last.
Tomorrow Pittards will complete their purchase of Ethiopian Tannery. I attended theEGMthis morning which approved the share issue which had been previously placed at 1.5p per share with the directors and senior management. This raised the just over £2m needed for the down payment and some working capital. The whole deal signals that Pittards are […]