Hays: Recruitment giant’s shareholders stage major revolt against PwC November 20, 2024 Shareholders in recruitment giant Hays have staged a major protest over the reappointment of PwC as its auditor. Just over 20 per cent voted against the reappointment of the accountancy giant to the role it has served since 2016 at Hays’ annual general meeting. At the same meeting, 19.8 per cent of shareholders voted against [...]
Wizz Air: Huge shareholder revolt over plans to hand boss bumper bonus September 26, 2024 Wizz Air has suffered a huge shareholder revolt against its plans to hand its chief executive a bumper pay deal. The airline is looking to give Jozsef Váradi a restricted share award which would represent 300 per cent of his £710,534 salary. The listed company has argued that Váradi’s compensation doesn’t reflect a unique “parade [...]
Halfords: Shareholders voice displeasure in political donations vote September 9, 2024 Shareholders in Halfords have voiced their displeasure in a vote to authorise the retailer to make political donations. More than one in ten voted against the proposal at the Redditch-headquartered group’s annual general meeting, according to a document filed with the London Stock Exchange. The 11.91 per cent in the against column comes after 4.01 [...]
Jet2 welcomes ‘booking momentum’ as it doubles down on package holidays September 5, 2024 Budget airline and leisure group Jet2 has welcomed a late bout of” booking momentum” in July and August, and doubled down on its strategy to ramp up its package holiday offering. The Aim-listed carrier, which in July hiked its dividend after reporting record passenger numbers, said it had maintained its momentum throughout late summer in [...]
‘This is nonsense’: M&S hits back at shareholder group over digital AGM concerns July 2, 2024 Marks & Spencer has hit back at a top shareholder group today after it claimed the company was restricting the voice of investors by holding a “digital first” annual meeting for a second year running.
Barclays opens door to bigger bonuses as it eyes investment bank rebound May 9, 2024 Barclays shareholders have waved through a proposal paving the way for it to award bigger bonuses to its top UK bankers as the lender reiterated confidence in its dealmaking arm.
Hostelworld bets on ex-Will Hill boss as chair amid strong trading May 2, 2024 Hostelworld Group, a booking service for hostels around the world, has named its new chair and announced an earlier-than-planned repayment of a debt facility thanks to strong trading ahead of its Annual General Meeting (AGM).
AIM-listed biotech firms face crunch votes on London Stock Exchange exits April 14, 2024 Redx Pharma and C4X Discovery have scheduled general meetings this week to vote on proposals for delisting from the London Stock Exchange.
Coalition of 15 investors with total assets of £2.4trn plead with firms to protect lowest-paid workers April 14, 2023 A coalition of investors are demanding that businesses take “decisive action” to protect their lowest paid workers during the cost of living crisis. The coalition, which includes 15 investors with a combined £2.4trn in assets under management, argued that the lowest-paid workers are “disproportionately impacted by the rising cost of living.” Companies should ensure that [...]
Investors warn Big Four of AGM rebellions over climate accounting November 2, 2021 An investor group managing around $4.5tn worth of assets have issued a warning to the top four auditing giants to start including climate risk into their audits, or risk rebellions at AGMs, according to reports. In a letter seen by Reuters, which first reported the news, the investors told the Big Four auditors that unless [...]