Now let us be clear. Kathmandu founder Jan Cameron is not saying she is the Curacao-based Black Prince, which is the single largest shareholder in the rather soiled milk formula maker Bellamy's.
But she has finally issued a shareholder notice acknowledging that she controls its 14.5 per cent stake, which she is using to try to turf the entire board.
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"Each of the substantial shareholders and Jan Cameron may be considered an associate of The Black Prince Private Foundation (BPFF) ... in light of their concurrence in the signature and distribution of the annexed letter," said the notice.
The Black Prince followed up with its own change of substantial shareholder notice on Thursday afternoon. It was signed by "authorised representative" Rodd Peter – Cameron's associate who is being offered up as a director at Bellamy's along with Cameron.
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To think it was just a month ago that Cameron was telling the press: "I can't direct what it does and I have absolutely no financial interest in Black Prince Foundation."
It was all a conspiracy theory being spun by the Bellamy's board.
"They're [Bellamy's directors] grasping at straws to hang on to their positions as directors of the company."
She said she had no idea who actually owned Black Prince.
Given all the interest, and the fact that the Black Prince appears to channel any financial benefit from its Bellamy's shareholding to a trust that Cameron controls, maybe it's time for her to head over to the Dutch Caribbean island of Curacao and find out who exactly this Black Prince is.
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Got a tip? ckruger@fairfaxmedia.com.au
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