Ann: EGM Voting Results and Board Changes, page-10

Classic move. Resign minutes before the vote and claim it was voluntary.Peter Thomas saw the writing on the wall — 94% of shareholders voted for change, and rather than face formal removal, he took the exit ramp just in time to avoid the headline.

In my view, this kind of last-minute retreat says it all. After years of shareholder pain and questionable strategic direction, the idea that he could simply bow out quietly and with thanks feels... generous.The industry deserves better — and frankly, so do shareholders.