Primedia, the South African media company, has met with major shareholder, UK's Active Value, after the UK fund asked a Primedia board member to consider brokering a compromise ahead of the proposed extraordinary general meeting.

Friday's EGM, called by Active Value last month, has proposed five resolutions which call for, among other things, removing Primedia chairman Isaac Kirsh. Active Value's Brian Myerson and Julian Treger as well as their local representative, independent corporate financier Mark Barnes, have been touted as Primedia board appointments.