Electra and Bramson poised for boardroom stand-off

Edward Bramson’s Sherborne Investors is proposing an overhaul of Electra Private Equity's board

Activist firm Sherborne Investors has moved a step closer to a boardroom stand-off with Electra Private Equity after requesting a general meeting where it will attempt to overhaul the group's board of directors.

Sherborne, led by activist investor Edward Bramson, requested a meeting of Electra's shareholders yesterday afternoon, according to a statement issued to the London Stock Exchange on Friday.

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