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Electra shareholders vote activist investor Bramson onto board

Published 05/11/2015, 11:55
Updated 05/11/2015, 12:00
© Reuters. Electra shareholders vote activist investor Bramson onto board

LONDON (Reuters) - Shareholders in British private equity firm Electra voted in favour of activist investor Edward Bramson joining the board at a general meeting on Thursday.

Shareholders in Electra, which owns restaurant chain TGI Fridays in Britain, voted 53.5 percent in favour of the resolution by Bramson's investment vehicle Sherborne to appoint Bramson to the board.

Sharheolders also supported a separate resolution to appoint former Sherborne Chairman Ian Brindle as non-executive director to the board.

Bramson last attempted to join the board in October 2014.

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