Sequoia Financial Group Limited (ASX: $SEQ) has received a notice under section 203D of the Corporations Act 2001 (Cth) from Cojones Pty Ltd and others, who together hold at least 5% of the votes, intending to move resolutions at a general meeting to remove Mr Garry Crole and Mr Kevin Pattison as Directors of the Company. The Company will review the materials provided and keep shareholders updated.
The Company will consider the notice received and fulfill its obligations under the Corporations Act. We are committed to keeping our shareholders informed as we navigate through this process.
Sequoia Financial Group (ASX: $SEQ) has received a notice from significant shareholders intending to move resolutions at a general meeting to remove two directors. The company will review the materials provided and comply with its obligations under the Corporations Act. Shareholders will be kept updated as the situation progresses.