Bovis Homes share price falls after AGM

Shares

Bovis Homes fell 0.97% on the FTSE 250 on Wednesday to 1,278.50p after shareholders narrowly passed the homebuilders’ director remuneration package at its annual general meeting.

A significant minority of shareholders – 36.5%- voted against the package which sees group finance director, Earl Sibley, take home 73.6% of his maximum bonus despite profit at the company plunging 26% over the year.

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