21st Nov 2019 19:02
(Alliance News) - Metro Bank PLC on Thursday said it has engaged actively with shareholders following its annual general meeting in which more than 20% of votes were cast against four resolutions.
These were the approval of its annual report on the the remuneration section of its directors remuneration report, as well as the re-election of directors Stuart Bernau, Eugene Lockhart, and Anna Melis.
"Since the AGM, Metro Bank has continued to actively engage with our shareholders to fully understand their views and voting decisions. Shareholder feedback is very important to us and this will be an ongoing process as we prepare for the update to our remuneration policy in 2020," said the bank.
Shares in Metro Bank closed down 3.9% at 214.40 pence in London on Thursday.
By Anna Farley; [email protected]
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