9th Feb 2023 20:26
Compass Group PLC - Chertsey, Surrey-based contract caterer - Says that 30% of its shareholders at its annual general meeting on Thursday voted against resolution 2, to receive and adopt the directors' remuneration report. Explains that investor opinions on resolution 2 were "mixed", primarily due to an increase in long-term incentive opportunity as part of the remuneration policy.
"After careful consideration of all feedback, the committee concluded that the proposed approach was in the long-term interests of the company and of our shareholders. The committee therefore proceeded with the adoption and subsequent implementation of the remuneration policy following approval by investors at the 2022 annual general meeting," the company says.
Current stock price: 1,867.15 pence
12-month change: up 2.6%
By Abby Amoakuh, Alliance News reporter
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