SHARES in the Gresham Hotels were flat yesterday ahead of today’s deadline for a mystery bidder to declare its intentions for the group.

GRESHAM HOTELS will announce the result of a poll held to decide the fate of four of its directors.

ANNUAL General Meetings in Ireland are rarely fractious affairs. Save for Eircom, and lately Smurfit, very few are dominated by serious questions from the floor and very few motions are defeated.

Gresham Hotel Group PLC said it has today received a requisition from shareholders holding not less than 10% of the company's shares calling for an extraordinary general meeting to remove four directors from the board.