Rich Lister Raphael Geminder refused to answer any questions about his own takeover bid for the struggling packaging company Pact Group at a bizarre annual meeting on Thursday where there was also a first strike in a hefty protest vote against executive pay.

Mr Geminder’s Kin Group launched a buyout bid with a microscopic premium for the rest of Pact Group in mid-September, which is making little headway. He is chairman of Pact and presided over the 50-minute annual meeting that was held virtually.