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Activist investor demands dividends from Coventry

A call to return more than $25 million to shareholders via a 60¢-per-share fully franked special dividend is the motivation for corporate raiders seeking to roll the board of mining services supplier Coventry Group.

A call to return more than $25 million to shareholders in the form of a 60¢-per-share fully franked special dividend is the motivation for corporate raiders seeking to roll the board at West Australian mining services supplier Coventry Group .

The assault is being led by activist investor Gabriel Radyzminski ’s Sandon Capital Investments in co-operation with West Australian retail entrepreneur Lorna Dorsett.

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    Original URL: https://www.afr.com/companies/activist-investor-demands-dividends-from-coventry-20140620-jgqr9