Bovis shareholders narrowly approve director remuneration package at AGM

Bovis Homes

Bovis Home has faced down a shareholder revolt at its AGM as the housebuilder narrowly passed its director remuneration package by less than two-thirds of the vote.

 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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