Speedy Hire investor Toscafund calls for removal of executive chairman

July 25, 2016 7:28 AM

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July 25 Hire group Speedy Hire Plc said investor Toscafund Asset Management LLP has requested a general meeting to call for the removal of Executive Chairman Jan Astrand.

The company, which hires out tools, equipment and plants to construction, infrastructure and industrial markets, said Toscafund had also proposed the appointment of David Shearer to Speedy Hire's board.

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