However, there were more than 50 million votes in favour, so the remuneration report was passed comfortably enough but not without a substantial number of shareholders expressing their聽continuing concern via the ballot box.
At last year鈥檚 agm the company鈥檚 remuneration report was passed by a narrow 54% of the vote after Pirc, the shareholder advisory group, recommended investors vote against. This prompted the board to revise its executive pay structure to 鈥渋mprove the level of openness and transparency鈥�.
Got a story? Email news@theconstructionindex.co.uk
