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'No' vote forecast for Vodafone AGM
 

Investors are expected to turn out in force at Vodafone's annual general meeting on Thursday to protest against the company's plans to award multi-million one-off bonuses to certain directors.
 

The bonuses follow the successful completion of the Vodafone/Mannesmann deal.

Chris Baldry, manager of the National Association of Pension Funds' Voting Issues Service (VIS), said that he expects a large "anti vote" for the one-off bonuses through abstentions and votes against the company's remuneration structure.
 

Pensions Week
24 July, 2000

 

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