Third attempt to oust board of Baltimore

BALTIMORE Technologies, is facing a third attempt by its largest investor, Acquisitor Holdings, to oust the board and install new directors.

Acquisitor yesterday requested an extraordinary general meeting of shareholders to consider further proposals to remove the board, Baltimore said.

Baltimore shareholders earlier this month voted to keep the company’s existing directors after Acquisitor called an extraordinary general meeting in its first bid to appoint its own deputy chairman, Duncan Soukup, as chief executive and David Buchler as chairman.