Author Archives: Editor
Lonmin plc’s major shareholder opposing KPMG’s re-appointment

Audit-related voting dissent still rare

When it comes to audit-related voting, shareholders have traditionally paid less attention to audit issues than other governance issues. Using Minerva’s VoteWatch module, this week we’re looking at two topical cases: Lonmin plc and SIG

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Blue Prism Group: LTIP structure around performance shares award

Blue Prism Group is overhauling its remuneration structure for the coming year with an increase in pay opportunity and the introduction of new long-term incentive awards. As Blue Prism is listed on AIM the company is not required to put …

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UK External Board Evaluation

Board evaluation: new research identifies opacity and market concentration concerns

Board evaluation, if done correctly, provides a vital tool for directors to strengthen board effectiveness. It provides an opportunity for boards to review its skills and experience; its composition …

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Sage Group: New remuneration policy in response to strategy focus

Sage Group: pensions down, shareholdings up

FTSE 100-listed accountancy software provider Sage Group plc holds its 2019 AGM on 27 February at which a new remuneration policy will be put to the shareholder vote. The policy was last approved at …

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Board chair tenure – how will companies respond?

FTSE 250-listed food retail company SSP Group holds its AGM on 21 Feb 2019 and shareholders may have noticed that the board chair, Vagn Sørensen has served on the Board since June …

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TUI AG: shareholders will note deviations from certain UK good governance practices

TUI AG: Board view deviations from UK governance practice as necessary

TUI AG holds its 2019 AGM on 12 February and shareholders will note deviations from certain UK good governance practices. This is due to TUI having a primary listing …

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Compass Group AGM: 37% dissent on “overboard” NED

Compass Group AGM: 37% dissent on “overboard” NED

At FTSE 100-listed Compass Group’s 2018 AGM significant shareholder dissent of 37% was recorded on the re-election of non-executive Ireena Vittal. The dissent was due to ‘overboarding’ concerns, that is …

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Connect Group: shareholders to be satisfied with actions being taken by the Board

Connect Group: Internal control failings identified by the Board

FTSE SmallCap Connect Group has recently gone through a shake-up of its executive team following trading and operational concerns, internal control failings, and a fall in share price. In light of …

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ITE Group AGM

ITE Group to seek shareholder approval to amend remuneration policy

At FTSE SmallCap ITE Group’s upcoming AGM the board is seeking shareholder approval to amend its remuneration policy and Performance Share Plan (PSP) to allow for enhanced awards to be …

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Diploma plc: CEO departure deemed to be in the shareholders' interest

Diploma plc: CEO departure deemed to be in the shareholders’ interest

FTSE 250 listed Diploma plc appointed in April of 2018 Richard Ingram as Interim Chief Executive ahead of the anticipated retirement of long-serving CEO, Bruce Thompson in May. The …

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