Cattles plc has announced a clear-out of its Board following the completion of a forensic review into its impairment provisions:
Today’s climbdown by Marks & Spencer, courtesy of the decision of Steve Sharp and Stuart Rose to waive part of their Performance Share Plan awards, represents a victory for shareholders. However, the root cause of the problem – an over-generous …
Read MoreDCC plc have become the first Irish-incorporated company listed on the Irish Stock Exchange to include an advisory say-on-pay resolution on the agenda for the annual general meeting. In proposing the resolution, proposed on a voluntary basis as a management-sponsored …
Read MoreTimes City diarist Martin Waller asks “Is this the most spectacularly incompetent annual meeting ever?” referring to DataCash plc’s 10th June AGM which sought authorities for share issues and dis-application of pre-emption rights significantly outside the best practice guidelines.
Martin …
Read MoreGlaxoSmithKline’s May 20th AGM will be asking shareholders to exempt the auditor partner from signing the audit in his or her own name, the first such case noted by Manifest.
The company says that, ‘For many years, the Company and …
Read MoreClosing submissions have been made in the case taken by the Australian Securities and Investment Commission (‘ASIC’) against Fortescue Metals Group for misleading and deceptive conduct.
The case centres on a series of announcements FMG made to the market …
Read MoreThe notice of the AGM of AMP Ltd, the Australian life assurance company, has been amended and re-issued in light of recent board changes.
Meredith Hellicar resigned from the Board following the court judgement in the James Hardie case. Hellicar …
Read MoreAlmost 14 years since European markets firmly embraced the concept of separating the role of Chair/CEO, most US issuers are still contemplating what it means for them. That could be set to change following the success of trade union SEIU’s …
Read MoreThe Fortis shareholders’ meeting in Ghent, Belgium was stopped for half an hour, according to Radio Netherlands, after the Tuesday meeting descended into chaos. Shareholders angry at the proposed sale of Fortis Bank to French BNP Paribas threw shoes, coins …
Read MoreAs if proxy fights don’t have enough drama, the New York Times’ DealBook reports that a new fight is brewing between a Pershing Square dissident nominee for a seat on the board at Target Corp. and the company. The nominee, …
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