On the contrary, it was withdrawn by management because as the...

On the contrary, it was withdrawn by management because as the proxys rolled in, management could see that they got more support than expected and now want to revise the incentives higher before putting it to the vote, although this should have been obvious to them and it should have been dealt with at the meeting as originally intended.

It's a bit strange really and makes the directors sound a bit naive, as they should have known they would have got at least 50% of the vote from GBR. GBR MD Andrew is a common director, why didn't they just speak to him before drafting the resolution.

I don't see it as a good sign if they are not talking to each other.