The ThomasLloyd Energy Impact (TLEI) board has reiterated its recommendation to vote against the continuation of the trust in an upcoming vote.
TLEI's board recommended shareholders vote against the continuation of the company on 31 July after losing confidence in investment manager ThomasLloyd Global Asset Management, owned by ThomasLloyd Group. The investment manager has since repeatedly called for the board to immediately withdraw its shareholder recommendation to vote against continuation. In a statement on Friday (11 August), it said this would "immediately and permanently" destroy shareholder value. ThomasLloyd Energy Impact manager urges continuation to prevent destruction of shareholder value Also on Friday, the bo...
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