Baltimore board may be forced out in EGM

TROUBLED computer security company Baltimore Technologies faces the prospect of a boardroom clearout this week.

Weekend reports suggested the company's major shareholder would force an extraordinary general meeting to remove chief executive Bijan Khezri and the executive team that has watched the former €11 billion high flier fall out of the prestigious FTSE 100 index and become a €30 million shell with no significant businesses.

Acquisitor, a British subsidiary of an investment firm based in the Caribbean, is believed to be about to call an extraordinary general meeting within 28 days.