31.01.2024 16:31:03 - dpa-AFX: Browning West To Nominate Eight Candidates To Gildan Activewear Board
OTTAWA (dpa-AFX) - Browning West, LP, a long-term shareholder of Gildan
Activewear Inc. (GIL. GIL.TO), has decided to nominate eight candidates for
election to the Board of Directors.
Browning West and its affiliates beneficially owns around 5.0% of the company's
outstanding shares.
Browning West initially chose to requisition a Special Meeting because it was
the fastest path to reverse the Board's succession mistakes.
Usman S. Nabi and Peter M. Lee of Browning West commented: 'Although we are
gratified that our efforts have resulted in Gildan's Board setting a date for a
shareholder vote, we believe the Board has once again embarrassed itself and
impugned what little credibility it has left in the lead-up to this week's
Annual Meeting announcement.'
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