Headlam announced a general meeting of shareholders, to be be held at the company’s head office at Gorsey Lane, Coleshill, Birmingham B46 1JU at 11.00am (London time) on 2 June 2026. The meeting has been called to address the concerns of Headlam investor First Seagull AS, which submitted a letter of requisition in April, requesting the removal of three non-executive directors (NEDs) from the board of Headlam, as well as the appointment of two new NEDs including the Managing Director of First Seagull.
Since that initial letter was sent on the 24 April, Headlam has responded publicly, rebutting many of the criticisms First Seagull made in its letter regarding the company’s directors, and describing the investor’s proposed changes as “disproportionate and destabilising, particularly given that many of the concerns raised by FS are already being addressed.
This conflict arrives during a period of difficult trading for Headlam, which admits in its response to First Seagulll’s letter that “recent years have been disappointing for shareholders”.
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