Summerset’s proposed hike to director fees ‘reasonable’: NZSA
Dual-listed retirement village operator is asking shareholders to approve a resolution at its annual meeting to increase the director fee pool by more than 13%.
The New Zealand Shareholders’ Association has given a nod to Summerset Group’s proposal to increase its director fee pool by 13.3%.
The dual-listed retirement provider will ask shareholders at its annual meeting in April to increase the pool by $134,000 to $1.14 million. The board intends to