While the AGM season is now mostly behind us as far as the biggest European blue chips are concerned, it’s now the turn of the mid-caps to face their shareholders. A quick review of the data so far shows that …
Read MoreThe nickel producer and explorer, Western Areas, saw its remuneration report defeated at its AGM on 6 November, as Australia’s stormy AGM season continues.The voting saw 52.5% vote against with a further 2.3% in abstentions. Four other remuneration-related resolutions were …
Read MoreThe first big week of Australian proxy season has seen a number of revolts on executive pay, with one ASX 100 company losing the remuneration report vote and two others seeing very significant dissent.
At Downer Edi, the remuneration report …
Read MoreIn early September, Manifest filed a complaint with the Irish Stock Exchange against Ryanair regarding a breach of their obligations under the Listing Rules. We noted that while Provision D.2.2 of the Combined Code recommends disclosure of the proxies lodged …
Read MoreWhen is an abstention not an abstention? A possible party-time trivia question for lawyers maybe, but a question with real consequences for shareholders which highlights yet again the importance of ensuring local knowledge is applied to voting decisions.
Most company …
Read MoreIn a move highlighting the changing landscape of shareholder-company relations in Germany, two DAX 30 constituents are meeting with investors in advance of the first shareholder votes on executive pay. Top executives from Siemens AG and Thyssen-Krupp AG — which …
Read MoreShareholders have today seen an early benefit of the recently implemented Shareholder Rights Directive, as Ryanair finally disclosed the voting results of one of its AGMs for the benefit of those shareholders unable to attend the meeting in person. Earlier …
Read MoreUnited Drug has followed the lead of DCC in proposing a vote on its remuneration report as a separate voting item at its upcoming AGM on 9 February. The notice of meeting acknowledges that there is no legal obligation on …
Read MoreWith the AGM of Fairfax Media due to be held on 10 November, Fairfax directors John B Fairfax and his son Nicholas have released a public statement indicating that the will vote against the re-election of the Chairman, Ron Walker, …
Read MoreA bizarre proxy fight at US life sciences company CNS Response Inc appears to hinge on the validity of a special meeting, writes Scott Fenn of ProxyGovernance. In one of the stranger US proxy contests witnessed in recent years, Leonard …
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