anyone here a shareholder?
they're not that far off their 5yr low, but up today as well as over the past month.
on BBC Business Live: "Barclays has published the formal notice of its annual general meeting on 2 May.
It includes the detail of the resolution tabled by Edward Bramson's Sherborne Investors which took a stake in the bank a year ago. Mr Bramson wants a seat on the board.
Barclays says he would "likely seek to undertake a new round of restructuring and review which, in our view, would significantly destabilise the group, impede the group’s progress and result in a destruction of shareholder value".
The outgoing chairman of the bank John McFarlane adds that Sherborne's stake is constructed in such a way that it limits its "exposure to falls in our share price".
"As such, the board believes that the interests of Sherborne and Mr Bramson are fundamentally misaligned with the interests of shareholders generally"."
anyone any insight into constructing stakes that limit exposure to falls, as it's suggested that EB has done?