Advertisement
UK markets closed
  • FTSE 100

    8,433.76
    +52.41 (+0.63%)
     
  • FTSE 250

    20,645.38
    +114.08 (+0.56%)
     
  • AIM

    789.87
    +6.17 (+0.79%)
     
  • GBP/EUR

    1.1622
    +0.0011 (+0.09%)
     
  • GBP/USD

    1.2525
    +0.0001 (+0.01%)
     
  • Bitcoin GBP

    48,514.74
    -1,706.00 (-3.40%)
     
  • CMC Crypto 200

    1,261.13
    -96.88 (-7.13%)
     
  • S&P 500

    5,222.68
    +8.60 (+0.16%)
     
  • DOW

    39,512.84
    +125.08 (+0.32%)
     
  • CRUDE OIL

    78.20
    -1.06 (-1.34%)
     
  • GOLD FUTURES

    2,366.90
    +26.60 (+1.14%)
     
  • NIKKEI 225

    38,229.11
    +155.13 (+0.41%)
     
  • HANG SENG

    18,963.68
    +425.87 (+2.30%)
     
  • DAX

    18,772.85
    +86.25 (+0.46%)
     
  • CAC 40

    8,219.14
    +31.49 (+0.38%)
     

Cineworld shareholders back new management pay, incentive scheme

People walk past a Cineworld in Leicester's Square in London

(Reuters) - Cineworld's investors on Monday approved an incentive scheme that could award the cinema operator's top boss and his deputy shares worth up to 65 million pounds ($88.86 million), while acknowledging "significant number of votes" against it.

"The Board will continue to engage with shareholders on remuneration matters in the coming months in light of the feedback received during our consultation," Cineworld Chairwoman Alicja Kornasiewicz said after backlash from couple of advisory groups.

(Reporting by Tanishaa Nadkar in Bengaluru; Editing by Maju Samuel)