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 view premium stories.
Take out a print and online or online only subscription and you will get immediate access to:
To get access to premium content subscribe today
Alternatively REGISTER for a free trial to access up to 4 articles and sign up for email alerts