Backing the management may be an unusual campaigning angle but that is exactly what rebel private investors in Tadpole Technology (TAD) are being urged to do. Since the previous chief executive of Tadpole’s troubled Streaming division Steig Westerberg was booted out last September, the Tadpole Shareholders’ Action Group has gone from calling for Streaming to be sold to backing a recovery plan.

But now they are worried Westerberg – who has kept a 5.26% stake in the business – will come back at next month’s AGM on the 14 June with sufficient support to block the reappointment of directors including Westerberg’s replacement Peter Bondar. Action group leader David Channon wants private investors to turn out in case support is needed.

Last year 80 private investors attended the AGM but those unable to make it in person this time should either appoint Tadpole chairman David Lee or Channon as their proxy. Investors who hold shares in nominee accounts will require a letter of representation from their broker before being able to vote.

For more details visit the company’s website www.tadpoletechnology.com and click on the ‘investors’ section otherwise contact David Channon at Nildes@gmail.com