TLS telstra group limited

Ann: Final Director's Interest Notice, page-3

  1. 11,797 Posts.
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    At Tuesday's meeting more than 97 per cent of shareholders voted in favour of Mr Penn's pay package worth about $5 million, but chair John Mullen faced a series of questions from investors about executive pay.


    How did they come to the figure of 97% of shareholders voted in favour of the remuneration package
    (percentage from PerthNow).

    When 83% of eligible shareholders voters who are holders off up to 5000 shares as individually.
    Total number of share held by these individuals amounts to only about 11.75%!

    This acceptable percentage presented to the ASX would suggest that TLS is not really a public company except from a funding perspective!
 
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