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Evening Standard
Evening Standard
Anna Wise

Boohoo gains backing of proxy adviser in boardroom spat with Frasers

Boohoo Mike Ashley Mike Ashley Frasers Group ISS Institutional Shareholder Services
A prominent shareholder advisory firm is urging Boohoo investors to reject Mike Ashley’s bid for a seat on the fashion retailer’s board (Ian West/PA) - (PA Archive)

A prominent shareholder advisory firm is urging Boohoo investors to reject Mike Ashley’s bid for a seat on the fashion retailer’s board when the company holds an emergency meeting later this month.

Boohoo said Institutional Shareholder Services (ISS) had recommended shareholders vote against the plans on December 20.

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