20th May 2021 15:25
888 Holdings PLC - Gibraltar-based gambling firm - Notes just over 24% of shareholders reject remuneration policy at annual general meeting. "There was extensive engagement with shareholders in early 2021 regarding the proposed directors' remuneration policy. Amendments were made to the proposals to reflect feedback and the board understood that while the majority of shareholders consulted were supportive, a minority had concerns about the proposed increase to annual bonus," 888 says. "The board will review and consider shareholder feedback received as it implements the new policy." Separately, company says Non-Executive Chair Jon Mendelsohn buys 26,000 shares at 384.70 pence each, GBP100,022 in total following transaction on Wednesday. Chair's stake now stands at 26,000 shares.
Current stock price: 392.60 pence
Year-to-date change: up 38%
By Eric Cunha; [email protected]
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