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Pin to quick picksDixons Carphone Share News (DC.)

Share Price Information for Dixons Carphone (DC.)

London Stock Exchange
Share Price: 125.00
Bid: 125.10
Ask: 125.25
Change: 0.00 (0.00%)
Spread: 0.15 (0.12%)
Open: 119.85
High: 125.50
Low: 119.45
Yest. Close: 121.20
DC. Live PriceLast checked at -

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PRESS: Dixons Carphone In Investor Revolt Over Chief's Share Awards

Thu, 29th Aug 2019 15:00

(Alliance News) - Dixons Carphone PLC is facing a backlash from its investors over long-term share awards issued to its Chief Executive Alex Baldock, Sky News reported on Thursday.

The high street electric good retailer, which will have its annual general meeting next Thursday, will face opposition from at least 15% of its investors over it remuneration report, the broadcaster explained.

Shareholders were advised by proxy advisory group Institutional Shareholder Services Inc to vote against the motion.

The row concerns Baldock being granted 1.2 million shares with a value of GBP2.3 million earlier this year as part of a long-term incentive.

https://news.sky.com/story/investors-ring-up-revolt-over-dixons-carphone-pay-11796851

Shares in Dixons Carphone were down 1.4% at 105.80 pence each in London on Thursday afternoon, giving the firm a market capitalisation of GBP1.23 billion.

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