Hammerson is consulting major shareholders and voting advisory agencies after two resolutions gained a low level of support at the company’s annual general meeting in April.
The property firm said 29.7% and 30.2% of votes cast were against two resolutions, firstly its remuneration report and secondly a resolution seeking authority to issue shares at its AGM held on 30 April.
The company said its remuneration committee has carried out its regular triennial remuneration review and is consulting shareholders to ensure that “executive reward continues to be aligned with shareholder interests”.
Additionally, Hammerson said it has engaged shareholders on its share-issue resolution as it still considers the flexibility afforded by this authority to be in the best interests of the company and shareholders.
To send feedback, e-mail anna.ward@egi.co.uk or tweet @annaroxelana or @estatesgazette
