MJGleeson Group

FTSE SmallCap urban regeneration and land development specialist MJ Gleeson Group holds its AGM on 6 December and shareholders may hold concerns with the level of independence on its board.

MJ Gleeson’s board consists of CEO & Managing Director Jolyon …

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Women on FTSE 350 boards still to hit 33% target

The Hampton-Alexander Review published its third annual report on 13 November. The report found that a quarter of FTSE 350 companies have only one woman on their board, described as “one & done” boards, and there remain five all-male boards. …

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GovernanceWatch: Kier Group

UK Governance Watch

FTSE 250-listed Kier Group’s suffered a shareholder revolt at its 2017 AGM after 44.16% of shareholders opposed the approval of its remuneration report. The construction and services business also saw 21.24% of shareholders oppose its remuneration …

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GovernanceWatch: JD Wetherspoon

UK Governance Watch

At JD Wetherspoon shareholders may hold concerns with the level of independence on the board. At the conclusion of the FTSE 250 pub owner and operator’s AGM the board will comprise three executive directors, Chairman Tim Martin …

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GovernanceWatch: SIG plc

UK Governance Watch

SIG plc is holding a general meeting on 7 November in order to seek shareholder approval of a new remuneration policy and long-term incentive plan (LTIP). In the FTSE250 industrial group’s annual report it was reported that …

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GovernanceWatch: Hargreaves Services, Brooks MacDonald

UK Governance Watch

At AIM-listed infrastructure group Hargreaves Services’ 2017 AGM around 20% of shareholders opposed the adoption of its remuneration report. Shareholders likely held concerns with the level of disclosures provided in the report regarding performance targets and …

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SEC Securities & Exchange Commission

Four billion reasons not to fix the proxy plumbing

Can the SEC resist the lobbying deluge and restore essential share ownership rights?

Since the GFC, regulators have been working to make markets and economies safer. Part of that process has …

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Unilever flag

Unilever: Votes and Voices

Proxy plumbing adds complexity to hotly-contested simplification plan

The proposed Unilever vote in October is raising City eyebrows. When the CIO of a UK insurer takes to the pages of the financial media voicing concerns over …

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Straight through voting: where's the blockage?

As implementation of Shareholder Rights Directive II draws closer, attention is (or should be) turning to how we are going to make it happen. A cynic might say that, like MIFID II, “it’s all very well intended but….” OK, fair …

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SEC chairman Jay Clayton

Proxy Plumbing: SEC Re-opens Investigations

Plans to review US proxy plumbing infrastructure “long overdue, but very welcome”.

The Securities and Exchange Commission has announced it will re-examine the US proxy voting system. 

The US securities regulator, the Securities and Exchange

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