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Results of AGM/EGM

Tullett Prebon shareholders fail to block director pay plans

13 May 2016 10:51

Shareholders at money broker Tullett Prebon (TLPR) tried and failed to block directors' pay and bonus for the year ended 31 December 2015.

A total of 15.95% of shareholders voted against the proposal, while 84.05% were in favour.

The attempt to block a review of directors' pay and bonus emerges as shareholders protest against excessive executive pay.

Weir Group (WEIR), Standard Chartered (STAN) and Reckitt Benckiser (RB.) have been targeted by shareholders to curb rising pay for executives.

BP (BP.) shareholders rejected a pay package of nearly GBP14m for chief executive Bob Dudley last month.

At 10:51am:

(LON:BP.) BP PLC share price was -1.8p at 358.3p

(LON:RB.) Reckitt Benckiser Group PLC share price was -43.5p at 6779.5p

(LON:STAN) Standard Chartered PLC share price was +6.03p at 496.13p

(LON:TLPR) Tullett Prebon PLC share price was -0.55p at 330.85p

(LON:WEIR) Weir Group PLC share price was -11.5p at 1113.5p

Story provided by StockMarketWire.com

Related Company: TLPR

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