By Guy Montague-Jones2018-03-22T06:43:00
Safestore has fended off a shareholder revolt against the self-storage company’s executive pay plans by the narrowest of margins.
At Safestore’s annual general meeting on Wednesday, just 51.7% of shareholders voted for the remuneration report and Claire Balmforth, chair of the remuneration committee, survived with just 52.3% voting for her re-election.
It comes a year after Safestore was forced to withdraw its remuneration proposals in the face of shareholder criticism and then only narrowly secured the support it needed for revised plans.
You must be logged in to continue
Try Property Week For Free to finish this article.
Sign up now for the following benefits:
To access this article TRY FOR FREE NOW
Don’t want full access? REGISTER NOW to read this article and up to 3 more this month and subscribe to our newsletters.
Registered users and subscribers SIGN IN here to continue
Site powered by Webvision Cloud