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IAG shareholders provisionally approve capital raise

Tue, 8th Sep 2020 12:23

LONDON, Sept 8 (Reuters) - Shareholders in airlines group
IAG overwhelmingly voted to approve the increase in the
company shares for a rights issue to raise 2.75 billion euros
($3.25 billion) at its annual meeting on Tuesday, according to
the provisional result.

Shareholders also voted to approve the company directors'
remuneration, with 72% of the votes cast in favour in a
non-binding poll, according to the provisional result.
($1 = 0.8473 euros)
(Reporting by Paul Sandle, editing by Louise Heavens)

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