ISS: backs Board of Premier Foods PLC

London / UK. (pf) The Board of British Premier Foods PLC notes that Institutional Shareholder Services (ISS), a leading global independent voting advisory service, has recommended that shareholders vote in favour of the resolution to re-elect Gavin Darby, the Company’s Chief Executive Officer and all other resolutions proposed by the Board at the Company’s AGM on July 18th. This follows recommendations to shareholders to vote in favour of Gavin Darby’s re-election from the voting advisory services Glass Lewis and Pensions + Investments Research Consultants (PIRC). Keith Hamill, Premier Foods’ Chairman, said: «The Board has made a unanimous recommendation to shareholders to vote in favour of the re-election of Gavin Darby. The Board has confidence in him and firmly believes that he and The Management Team are best placed to run the business and execute the Company’s strategy».

Presentation in response to Oasis proposal

Further to its announcement «Premier Foods PLC issues shareholder circular» on 2018-07-03, the Group announces that it has posted a presentation on its website outlining why the Board unanimously recommends that shareholders vote in favour of Gavin Darby’s re-election as CEO at the AGM on the 18th July 2018.

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