Interserve bosses warn future of company is on the line as crucial vote looms

By Dave Rogers2019-03-11T09:02:00

Chief executive and chairman break silence to urge shareholders to back its plan – and dismiss US hedge fund’s alternative

Interserve has said that if it loses this Friday’s shareholder vote on its rescue plan it faces going into administration the same day.

The warnings were made in weekend newspaper interviews given by the firm’s chief executive and chairman who broke their media silence in an attempt to shore up shareholder support for their plan – and at the same time ask shareholders to reject an alternative proposal by its biggest shareholder.

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