Major shareholder recommends changes to Elektrim supervisory board

Mark Mobius, president of Templeton Emerging Markets Fund, has said his company favors changes to the supervisory board of Elektrim. Templeton is a major shareholder in Elektrim, and according to Mobius the interests of the supervisory board do not always match the interests of the shareholders. He went on to say that the board of directors could also undergo some changes, to allow the company to focus more on its energy interests. Mobius accused some members of the supervisory board of being driven by their own interests, and of not caring about the company's development or the shareholders' rights. (Puls Biznesu, p. 4) P.W.