Countrywide shares rise over pay reversal

FTSE 100 image

Countrywide’s share price rose 0.82% on Monday to 14.2p after the company U-turned on its generous remuneration packages for senior executives.

The estate agency group saw its shares tumble over 50% earlier in the month after it revealed plans to raise £140m in a share placing to shore up its balance sheet as half-year results revealed further losses.

This is premium content

You must be logged in to view premium stories.

Gated access promo

Subscribe for full access

Take out a print and online or online only subscription and you will get immediate access to:

  • Breaking industry news as it happens
  • Expert analysis and comment from industry leaders
  • Unlimited access to all stories, including premium content
  • Full access to all our online archive

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

If you are already a registered user or a subscriber you can SIGN IN now