Resolution 1 - Directors Remuneration made it by 1.68%
23.32% of shareholders voted AGAINST.
Another circa 11,000,000 vote would have defeated the resolution...sigh!
The 'first-strike' occurs where the Remuneration Report receives a ‘no’ vote of 25% or more at the AGM. If this happens, the company’s next subsequent Remuneration Report must explain whether and the extent to which shareholders’ concerns have been taken into account.
Ann: Suspension from Official Quotation, page-118
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