Pay policy and incentive plan rejected by 30% of shareholders who voted
Investors in Britain’s largest cinema chain have approved a controversial incentive scheme that could result in bosses being awarded more than £200m in shares, while acknowledging that 30% of shareholders who voted rejected the plan.
Cineworld, which closed all of its 127 sites in the UK and Ireland indefinitely in October, held a vote on a new pay policy and long-term incentive plan at a special meeting.
