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One-third of Barclays investors fail to back pay plan

Thu, 24th Apr 2014 14:59

LONDON, April 24 (Reuters) - More than one-third of BarclaysPlc's shareholders failed to back the British bank'spay policy at its annual shareholder meeting on Thursday.

Barclays said 24 percent of shareholders who voted opposedits remuneration report, and including withheld votes the shareof investors failing to back the plan was 34 percent.

Standard Life said it had voted against Barclays' payafter the bank paid out 2.4 billion pounds ($4 billion) inbonuses last year, up 10 percent on 2012 despite a one-thirddrop in profits. ($1 = 0.5960 British Pounds) (Reporting by Steve Slater; Editing by Clare Hutchison)

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