Interserve shareholders approve borrowing limit increase

By Hamish Champ2018-04-27T09:59:00

Investors back £1bn limit as contractor prepares to announces annual results next Monday

Interserve

Interserve shareholders have given the thumbs up to the firm increasing its borrowing limits as it prepares to announce its annual results next Monday.

The contractor held a general meeting in London today where 99.65% of shares – 53.9 million – voted through a resolution to sanction the increase of the borrowing limit.

And 99.56% – 53.8 million shares – gave the green light to ratifying any prior breach of the borrowing limit.

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