Funeral provider Dignity backs chairman despite £19.6m loss in Covid crisis

Company slumped into the red even as pandemic drove up number of UK deaths by 14%

The funeral services company Dignity has urged investors to vote against attempts by its largest shareholder to oust the chairman.

A fund managed by Phoenix Asset Management Partners, which owns 29.9% of Dignity, has asked for a shareholder meeting to vote on a proposal to remove Clive Whiley and replace him with the chief investment officer and co-founder of Phoenix, Gary Channon.

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Coronavirus | The Guardian

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