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ISS advises Metro Bank investors block pay report, abstain in re-election of CEO and chairman

Published 09/05/2019, 12:33
© Reuters. FILE PHOTO: A logo is seen on the outside of a branch of Metro Bank in central London

LONDON (Reuters) - Shareholder advisory group ISS has advised investors in British lender Metro Bank (LON:MTRO) to vote against its remuneration report and abstain in votes on the re-election of four key directors, including its CEO and Chairman.

ISS advised investors to abstain on motions proposing the re-election of chairman Vernon Hill, chief executive Craig Donaldson and directors Stuart Bernau and Eugene Lockhart.

The advisory group also advised investors to abstain in a vote on the reappointment of PwC as auditors.

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