Provided by NZX
  • SKT6.34

    $0.050.79%

  • Open 6.29 High 6.34 Low 6.27 Bid Price 6.3

    Offer Price 6.36 Value 11577909.81 Volume 1837352

Current as of 19/09/14 07:40PM NZST

Increases draw fire

Some Sky TV shareholders registered their dissatisfaction with directors' fee increases at the company annual meeting in Auckland yesterday.

About 8 of the 60 people at the AGM voted against an increase in the annual allocation from $500,000 to $750,000.

Chairman Peter Macourt said the scale of the increase was because fees had not changed since 2006.

© Copyright 2014, APN New Zealand Limited

Assembled by: (static) on red akl_a3 at 21 Sep 2014 05:17:47 Processing Time: 1325ms