|Bid||0.00 x 9200|
|Ask||0.00 x 17600|
|Day's range||505.00 - 517.00|
|52-week range||360.80 - 528.50|
|PE ratio (TTM)||13.59|
|Earnings date||13 Jun 2018 - 18 Jun 2018|
|Forward dividend & yield||0.14 (2.76%)|
|1y target est||538.22|
The £1bn logistics company Safestore Holdings (LSE: SAFE.L - news) faces a massive revolt next week over nearly £14m in share awards handed to its top two executives. Sky News has learnt that leading shareholders in the storage group are preparing to vote against its remuneration report and the chair of its boardroom pay committee, Claire Balmforth. City sources said the level of investor anger was such that it was conceivable that Ms Balmforth risked losing the vote at next Wednesday's annual general meeting.
A vote on multi-million pound share awards at one of the UK's biggest companies hangs in the balance just hours before a shareholder meeting that threatens to become a lightning rod for concerns over top City pay. Sky News understands that Safestore Holdings (LSE: SAFE.L - news) , the FTSE-250 self-storage company, is hopeful of securing a narrow victory at a special shareholder meeting on Tuesday to approve a new pay policy and long-term incentive plan (LTIP) for top executives. City sources said on Monday evening, however, that the binding votes were too close to call and that Safestore could yet see its proposals rejected.
One of the UK's biggest listed companies is facing the humiliating prospect of a shareholder outcry over a revised executive pay scheme less than four months after being forced to scrap a previous set of proposals. Sky News has learnt that Safestore Holdings (LSE: SAFE.L - news) , the FTSE 250 self-storage company, could become the first big company to see a binding vote on its future pay policy effectively defeated twice by shareholders. Safestore is due to hold a special meeting next week to secure support for a new remuneration policy and long-term incentive plan.
No FTSE 100 companies will go ex-dividend on Thursday, although several mid-caps will go ex-div, after which investors will no longer qualify for the latest dividend payout. Among FTSE 250 companies going ...