PZ Cussons Plc: Further re 2021 AGM voting results: Difference between revisions
(Created page with "On 20th May 2022, PZ Cussons provided an update in respect of the results of its Annual General Meeting (AGM) held on 23th November 2021, where resolutions 9 (to re-elect K Bashforth) and 10 (to re-elect D Kucz) were passed with the necessary majority but with significant votes against by the independent shareholders. The Board understands that this is primarily attributable to concerns from a small number of significant shareholders over remuneration targets and NED...") |
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On 20th May 2022, PZ Cussons provided an update in respect of the results of its Annual General Meeting (AGM) held on 23th November 2021, where resolutions 9 (to re-elect K Bashforth) and 10 (to re-elect D Kucz) were passed with the necessary majority but with significant votes against by the independent shareholders. | On 20th May 2022, PZ Cussons provided an update in respect of the results of its Annual General Meeting (AGM) held on 23th November 2021, where resolutions 9 (to re-elect K Bashforth) and 10 (to re-elect D Kucz) were passed with the necessary majority but with significant votes against by the independent shareholders. | ||
The Board understands that this is primarily attributable to concerns from a small number of significant shareholders over remuneration targets and NED share ownership. The Board has engaged with shareholders on these issues and will continue to do so with a view to balancing the concerns of all shareholders, some of whom may hold divergent views on particular issues. The Board continues to keep its remuneration policy under review to ensure it aligns with regulatory requirements and incorporates feedback from stakeholders where practicable. | The Board understands that this is primarily attributable to concerns from a small number of significant shareholders over remuneration targets and NED share ownership. The Board has engaged with shareholders on these issues and will continue to do so with a view to balancing the concerns of all shareholders, some of whom may hold divergent views on particular issues. The Board continues to keep its remuneration policy under review to ensure it aligns with regulatory requirements and incorporates feedback from stakeholders where practicable. | ||
Revision as of 12:19, 21 September 2022
On 20th May 2022, PZ Cussons provided an update in respect of the results of its Annual General Meeting (AGM) held on 23th November 2021, where resolutions 9 (to re-elect K Bashforth) and 10 (to re-elect D Kucz) were passed with the necessary majority but with significant votes against by the independent shareholders.
The Board understands that this is primarily attributable to concerns from a small number of significant shareholders over remuneration targets and NED share ownership. The Board has engaged with shareholders on these issues and will continue to do so with a view to balancing the concerns of all shareholders, some of whom may hold divergent views on particular issues. The Board continues to keep its remuneration policy under review to ensure it aligns with regulatory requirements and incorporates feedback from stakeholders where practicable.