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Parity's remuneration report has high level of 'no' and withheld votes
Tuesday, 7th June 2011
Parity Group's directors' remuneration report was passed at the annual general meeting - but the votes in favour were far lower than any other resolution put to shareholders.There were just under 15.5 million votes in favour of the report compared with were more 11 million votes either against it or withheld.
The 8.97 million withheld votes are not counted when deciding whether resolutions are carried, giving an 88.13% vote in favour of the report.
In all other resolutions there were at least 23 million votes in favour.
At 1:29pm: (LON:PTY) Parity Group share price was -1.25p at 27.5p
Story provided by StockMarketWire.com
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