We welcome the Enterprise Chamber’s decision to reject this petition. It confirms what has been clear all along: this was never a genuine governance dispute, but another in a long line of distractions orchestrated by Mr Šolak for his own ends. Having lost his influence and income, Mr Šolak sought to stage a “crisis” of his own making. The Court was able to see through it.

From the outset we have said it was misdirected. This exercise has wasted considerable time and effort.

United Group is functioning effectively under new leadership, with formal governance structures, a transitional Executive Committee, clear reporting lines and oversight that were absent under Mr Šolak’s leadership. The Group remains focused on running the businesses well and delivering value for all stakeholders – free from the distractions of one shareholder’s personal campaign.