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"Sovereign shrugs off court ruling to prevent shareholder meeting" Ann Crotty, Business Day Live

Pike | Law acts for the intervening minority shareholders, who prevail in their bid to stop the shareholders meeting from proceeding.

ALBIE Cilliers, the Western Cape-based small shareholder who challenged the board of Sovereign Foods, welcomed the high court ruling preventing the company from going ahead with the shareholders’ meeting scheduled for on Tuesday.

But he said he would have to wait for the final court order to see whether or not he had reason to celebrate.

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Adam Pike
Author: Adam Pike
Adam Pike holds BA, LLB and LLM degrees from the University of Cape Town. His LLM, attained from the School of Advanced Legal Studies at the University of Cape Town, focused on commercial and corporate law, particularly corporate governance and securities. Adam specialises in the implementation of corporate actions and transactions.

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