Jurys Doyle shareholders have received a circular with details of the EGM of the company later this month.
The circular reveals that the Doyle sisters - Bernie Gallagher, Eileen Monaghan and Anne Roche, whose husband Tom is on the board - have not yet made up their minds on how they will vote on the matter. This is despite the fact that the circular to shareholders says the deal is in the best interests of the company and Jurys Doyle shareholders.
Between them the sisters, who have agreed to vote en bloc, hold 29.9% of the company after stake building in the last week. Sean Dunne, the property developer who won the tender process and who owns around 24% of the company, is precluded from voting.
The sale of the Towers and Jurys at Ballsbridge requires a simple majority of the eligible vote to go through. It is understood that the Doyle family is determined that Jurys Doyle continues to operate successfully in the hotels business and remains a quoted company. The EGM is on September 27.
Meanwhile, statements to the stock exchange this morning showed that Mr Dunne has increased his stake in the company to 23.6% following more share purchases on Friday, while the Beatty family has upped its stake to 7.9%.
Jurys Doyle shares were unchanged at €18.50 in Dublin this evening.
