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Micro Focus to change remuneration policy after shareholder backlash

Thu, 26th Sep 2019 15:25

Sept 26 (Reuters) - Britain's Micro Focus International
is planning to make changes to its proposed
remuneration policy, the software firm said on Thursday, after
half its shareholders voted against the resolution earlier this
year.

The company said shareholders had raised concerns over
issues including the structure of incentive arrangements,
leading it to review the scheme.

A new remuneration policy will be put to shareholders at the
company's 2020 annual general meeting.
(Reporting by Tanishaa Nadkar in Bengaluru; Editing by Jan
Harvey)

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