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Velocity Composites loses injunction to prevent pending vote against directors

Friday, 22nd March 2019
Advanced materials company Velocity Composites said it failed in its efforts to get an injunction against Jonathan Bridges, Christopher Banks and Gerard Johnson.

The injunction would have precluded them from voting against the appointment of directors at the company's annual general meeting, scheduled for 25 March.

'Whilst the company was unsuccessful, Christopher Banks and Gerard Johnson gave undertakings not to accept any offers of employment from the company,' it added.

At 8:56am: (LON:VEL) Velocity Composites Plc share price was 0p at 21p

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