RE: Boo or Asos...30 Jan 2023 19:48
6 months ago the board made the below statement about the results of the agm, since then the shareprice has fell a further 50 percent and they haven't mentioned the matter since...
Do we think share holder's may take it upon themselves to oust John Lyttle??
"The Board notes that while Resolution 2, giving shareholders the opportunity to cast an advisory vote on the Directors Remuneration Report for the year ended 28 February 2022, and Resolution 3 the introduction of a new Long Term Incentive Plan (LTIP), were both approved, 33.47% of the votes cast were votes against Resolution 2 and 25.36% of the votes cast were votes against Resolution 3.
Over the coming months, the Board will reflect on the result of Resolution 2 and Resolution 3, and the Remuneration Committee looks forward to ongoing engagement with the Group's shareholders as it continues to shape the Group's future remuneration policy."