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CPYYY Centrica Plc (PK)

6.42
0.01 (0.16%)
03 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Centrica Plc (PK) USOTC:CPYYY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.01 0.16% 6.42 6.33 6.56 6.51 6.42 6.44 10,734 21:00:29

Centrica Defeats Minority Vote Against Remuneration Report

13/05/2019 4:28pm

Dow Jones News


Centrica (PK) (USOTC:CPYYY)
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By Adam Clark

 

Centrica PLC (CNA.LN) said Monday that a minority of votes cast at its annual general meeting were opposed to the approval of its remuneration report after a difficult year for the owner of British Gas.

The energy supplier got 85% support for the remuneration report. All other resolutions received support of 91% or more.

In April the company said Chief Executive Iain Conn's pay increased 44% in 2018 to 2.4 million pounds ($3.1 million), despite Centrica missing adjusted earnings forecasts for the year.

Shares at 1446 GMT were up 3.3% at 95.60 pence, topping the FTSE 100 after Centrica reported a rise in revenue for the first four months of the year and maintained its annual guidance.

 

Write to Adam Clark at adam.clark@dowjones.com; @AdamDowJones

 

(END) Dow Jones Newswires

May 13, 2019 11:13 ET (15:13 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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