UK: M&S Rejects Criticism Over Executive Share Option Scheme
British retailer, Marks & Spencer, today rejected criticism over its executive share option and pay schemes. The company has written back to the Pensions and Investment Research Consultants (Pirc) saying it does not agree with its comments. Pirc wants M&S shareholders to reject changes to the share option share when they vote at the company's annual general meeting on July 11.
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