Friday 8 May 2009

UK: shareholders reject remuneration report at Provident Financial plc annual general meeting

At this week's annual general meeting of Providential Financial plc, the remuneration report was rejected. As indicated in the company's stock exchange announcement, a little over 51% of votes were cast against acceptance of the report. For further information see this report in the Financial Times newspaper and this article in the Times newspaper. Earlier this year a majority of votes were cast against the remuneration report at the Bellway plc annual general meeting: see here

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