The Works has secured the backing of two shareholder proxies in its boardroom tussle with activist investor Kelso, who is pushing for the appointment of Graeme Coulthard to the board.

UK · 2026-09-02

1. Step 1 · The triggerThe Works secures backing from ISS and Glass Lewis, strengthening its board position.
2. Step 2 · Knock-onKelso's proposal to appoint Graeme Coulthard is less likely to succeed, reducing its influence.
3. Step 3 · Reaches youThe Works' strategic direction remains stable, benefiting its operations.

The trigger is reported by the source below. The steps that follow are Branch²’s traced reasoning — how the shock could reach a business like yours, not a prediction.

Source: City A.M.

This is automated analysis for information only. It is not investment advice, not a recommendation, and not a solicitation to buy or sell any security. Branch² is not authorised or regulated. Do your own research.