CIO

ITL (ASX:ITL) receives board spill proposal

Medical device manufacturer ITL Limited (ASX:ITD) has received a requisition for a shareholder meeting on a board spill proposal.

The company requisitioner has proposed to appoint William Mobbs and Sanjay Sehgal as directors, in replace of managing director Brian Andrews and non-executive directors Roy Rose and Dr Mike Hirhom.

ITL said it will comply with the requisition and will send out a notice to shareholders shortly.