Nine percent of Premier Oil Plc (PMO)’s shareholders voted against the company’s compensation report at this week’s annual general meeting, the Daily Telegraph reported, without saying where it got the information.
ShareSoc, which represents private investors in the U.K., recommended shareholders oppose the pay resolution, the newspaper said. Mark Bentley, a director at ShareSoc, questioned the oil and gas explorer’s “incredible” level of pay awards at the meeting, it said.
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