BUZZ-Victoria's Secret falls after fresh pressure from Blundy's BBRC

Reuters

11/04

BUZZ-<a href="https://laohu8.com/S/VCCTF">Victoria</a>'s Secret falls after fresh pressure from Blundy's BBRC

** Lingerie maker Victoria's Secrets' shares VSCO.N fall ~2% to $35.29

** BBRC International asks for a board seat for its founder Brett Blundy

** Co also asks for removal of chair Donna James in publicly released letter to board

** Co holds approximately 12.9% of Victoria Secret's shares, according to data compiled by LSEG

** Private investment firm has been urging changes to Victoria Secret's board for past two years

** 3 of 10 brokerages rate the stock "buy" or higher, 5 "hold" and 2 "sell"; their median PT is $28 - LSEG

** Up to last close, stock down 13.06% YTD

(Reporting by Chandni Shah in Bengaluru)

((Chandni.shah@thomsonreuters.com;))

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