10:19 AM EST, 11/21/2025 (MT Newswires) -- Dye & Durham ( DYNDF ) major shareholder OneMove Capital on Friday announced it will nominate five directors for election to the company's board at its annual meeting to be held on Dec. 3. Dye & Durham ( DYNDF ) shares have jumped nearly 24% in early trade.

"The directors installed by Engine Capital have presided over a year of instability, strategic missteps and a significant share price decline. Their poor leadership has harmed the business, and yesterday's attempt by Former Chairman Arnaud Ajdler to hand-pick his own replacement is consistent with the same approach that created the problem. Dye & Durham ( DYNDF ) needs a new, capable board now, and OneMove is putting those directors forward today," said Tyler Proud, OneMove chief executive.

Proud was co-founder, former chair and former chief strategy officer of Dye & Durham ( DYNDF ), and is one of the board nominees.

According to OneMove, under the Engine-led Board, Dye & Durham ( DYNDF ) has lost close to 90% of its market value, erasing more than $1.2 billion in shareholder wealth.

Dye & Durham ( DYNDF ) is up $0.64, to $3.35, on the Toronto Stock Exchange.

Price: 3.15, Change: +0.44, Percent Change: +16.24