LONDON (AFX) - Havas chairman Vincent Bollore, who holds a near-30 pct stake in Aegis, said he will pursue an aggressive campaign to secure board representation if the vote at Wednesday's AGM is unsuccessful, reported The Sunday Times in an interview with Bollore.
Bollore said he would probably requisition an extraordinary general meeting at Aegis if his ambitions were thwarted.
'This is a democratic point. If I do not get the representation I want, I will hire lobbying firms, I will go to shareholders to explain, and I will force a meeting,' he said to the paper.
The Sunday Telegraph meanwhile reported, without citing sources, that Aegis is increasingly confident that it has secured sufficient shareholder support to defeat Bollore's attempts to secure board representation.
The Telegraph said it is understood that Aegis has received expressions of support from investors holding a combined stake of 35-40 pct of its shares. newsdesk@afxnews.com cml COPYRIGHT Copyright AFX News Limited 2005. All rights reserved. The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News. AFX News and AFX Financial News Logo are registered trademarks of AFX News Limited