黑洞社区

The board of Lakehouse has issued a full response to last week鈥檚 call from the firm鈥檚 founder Steve Rawlings and investor Slater Investments for a boardroom shake-up at the listed contractor.

In today鈥檚 response, the board confrimed they were committed to creating a fourth non-executive director role.

Lakehouse鈥檚 board re-iterated its view that the actions of Rawlings and Slater Investments had already had a 鈥渄estabilising effect鈥� on the firm and were 鈥渃ausing considerable uncertainty鈥� for the management team, other group employees, customers, suppliers and other partners and stakeholders.

Lakehouse chairman Chris Geoghegan claimed Slater Investments Limited and Steve Rawlings had still 鈥済iven absolutely no indication of what their alternative strategy would be鈥�. Rawlings, speaking to 黑洞社区 previously admitted that, as yet, he and Slater Investments do not have a plan for the business 鈥渦ntil we get inside the business, get access to the figures and talk to the people.鈥�

The board of Lakehouse again urged shareholders to vote against the resolutions proposed by Rawlings and Slater Investments, adding actions had already been taken in response to the trading issues the group is experiencing, which caused a profit warning to be issued in February.

The resolutions proposed will be voted on at the Company鈥檚 forthcoming General Meeting on 19 April 2016.