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Lloyds says 98 percent of shareholders at AGM back pay plan

Thu, 15th May 2014 13:37

LONDON, May 15 (Reuters) - State-backed Lloyds Banking Group said on Thursday that 98 percent of shareholders at itsannual general meeting approved its executive pay plan for 2013.

Lloyds also said that 98.8 percent backed a resolutionenabling it to pay bonuses to key staff worth up to twice theirfixed pay.

(Reporting by Matt Scuffham; Editing by Laura Noona)

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