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Investegate |Foxtons Group PLC Announcements | Foxtons Group PLC: Result of AGM


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TRADING UPDATES: Bezant finds copper; Domino's faces CEO pay protest


TRADING UPDATES: Bezant finds copper; Domino s faces CEO pay protest
Thu, 22nd Apr 2021 20:49
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:
Domino s Pizza Group PLC - Milton Keynes, Buckinghamshire-based pizza delivery master franchiser - Says almost 35% of shareholders vote against directors remuneration report at annual general meeting. The resolution to approve the Directors Remuneration Report was passed, but with a significant minority of shareholders voting against the resolution. Prior to the AGM, the board engaged with the company s major shareholders to address any questions arising from remuneration decisions taken during the year. Based on this, we understand that the principal points of concern were the annual fee of the chair and the level of base salary of the chief executive officer. The Remuneration Committee will continue to engage with shareholder ....

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Foxtons to review chief's pay following shareholder revolt


Foxtons to review chief’s pay following shareholder revolt
Foxtons saw a shareholder revolt after deciding to pay its chief executive a bonus. (Getty Images)
Foxtons will review its remuneration policy after nearly 40 per cent of shareholders voted against executive pay packages.
Foxtons faced criticism from investors and shareholders groups over its decision to award CEO Nic Budden almost £1m in bonuses for the year.
Shareholders’ concern centred on the group paying out bonuses to executives despite a sharp a fall in its share price, from 94p before the pandemic to about 66p now, and after it took some £7m in government Covid support. ....

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