UGL quashes board change talk

Company says no decisions made on board after reports Spargo to become chairwoman

UGL (UGL) says no resolutions have been made about its board's composition, following reports director Kate Spargo will replace Trevor Rowe as chair at its annual general meeting later this year.

The diversified services company responded to reports saying it continually discusses its succession plan and will inform the market about any material developments when in a position to do so. 

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