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Game on – another battle might be coming soon
We won the first battle at the general meeting: A new Board of Directors is in place, and an investigation into REC Silicon’s past actions has been approved. We now expect the board to convene quickly and take decisive action – particularly in the areas of corporate governance, debt restructuring, and future revenue generation. Transparent… Continue reading
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Congratulations to all REC shareholders – we won the first round!
Yesterday, we dominated the general meeting, successfully replacing the board and securing a decision to initiate an investigation. This is something few believed was possible – and we likely wrote a piece of stock market history. The upcoming period may feel turbulent — we expect hard, even foul, tackles from Korea, the first came today… Continue reading
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Water Street Capital Comments on Results of REC Silicon Annual General Meeting
Water Street Capital would like to thank the thousands of investors who joined us in our efforts to ensure that the top priority of REC Silicon’s Board of Directors remains maximizing the value of the company. https://www.prnewswire.com/news-releases/water-street-capital-comments-on-results-of-rec-silicon-annual-general-meeting-302491387.html Continue reading
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New board elected!
The nomination committee’s proposal rejected, new board approved, and investigation approved. Congratulations to all involved! Continue reading
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Outstanding effort – we have passed 35%
In the latest shareholding notification around 10:00 AM on Monday, it was reported that 26.45% of shares – equivalent to 111 million shares – have been granted as proxy to Karina Fossmark. One of Water Street’s attorneys also filed a flagging notice, though without revealing all their cards. However, it doesn’t take a sophisticated calculator… Continue reading
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Last Push!
Maximum Effort Until Monday 4:00 PM – Then We Take Control of REC at the General Meeting on Wednesday at 1:00 PM This initiative was launched to safeguard all shareholders’ value and rights, as we believe neither the board nor the management of REC is doing so. We are now approaching a goal that few… Continue reading
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20,57% – and counting!
Karina Fossmark has now received proxy for 86,5 mill shares – 20,57% of the shares. https://newsweb.oslobors.no/message/649742 Continue reading
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Information for International Shareholders Wishing to Cast a Proxy
We, together with Karina Fossmark, are receiving questions from shareholders who hold their shares through non-Norwegian banks regarding how to register a proxy. We’ve asked DNB/Carnegie for clarification, and they responded as follows: “We refer to the notice where it states that you need to contact the bank/custodian that hold your shares and instruct them… Continue reading
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17,58% now!
Karina Fossmark has now received proxy for almost 74 mill shares, or 17,58% of the shares. https://newsweb.oslobors.no/message/649585 Continue reading
Make REC Great Again! 