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Birmingham Post
Birmingham Post
Business
Jon Robinson

Boohoo shareholders revolt over £175m bonus plan

Boohoo John Lyttle

Boohoo's shareholders have voiced their displeasure at its new £175m bonus plan after a vote to approve it saw significant opposition.

Announced last month, the new plan will see bonuses handed out over a period of time if Boohoo's market capitalisation reaches £5bn.

After a general meeting held today (March 8), a vote to approve the new plan was passed by just over 62% to 37%.

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