On March 10, 2020, Iofina plc announced that it has received a letter on March 9 2020 from Rene Nominees (IOM) Limited a/c pooled on behalf of beneficial owners, Southern Rock Insurance Company Limited and ICS Risk Solutions Limited, regarding a purported requisition for the Company to convene a general meeting pursuant to section 303 of the Companies Act 2006, to propose the following ordinary resolutions: 1) that Lance Baller be removed as a Director of the Company, 2) that Arron Banks be appointed as a Director of the Company.