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Shareholders vent anger at Moss Bros AGM

Moss Bros chief executive Philip Mountford faced tough questions from shareholders at the company's annual general meeting yesterday.

Mountford, who was acting as chairman at the meeting following the departure of Keith Hamill last week, was told he must put "clear water" between Moss Bros and investor Baugur, which pulled out of a £40 million bid for the chain last month.

Andrew Moss, a representative of the Moss family, who own around 17% of Moss Bros, is reported to have demanded that a new chairman be appointed immediately.

Meanwhile a representative for John Hanson, owner of the Greenwoods menswear chain, who holds a 2.8% stake in the menswear retailer, asked Mountford about his new strategy for Moss Bros.

Moss Bros is understood to have lined up four candidates for the chairman's role.

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