The Sainsbury family is expected to support the supermarket retailer’s remuneration report at its annual meeting today, according to media reports.
The family, who have a 38% holding in the company, will vote in favour of the report, which proposes a £2.4m award of shares to former chairman Sir Peter Davis.
Shareholders are expected to vote against the report at the AGM, which is due to take place later on this morning.
The family, who have a 38% holding in the company, will vote in favour of the report, which proposes a £2.4m award of shares to former chairman Sir Peter Davis.
Shareholders are expected to vote against the report at the AGM, which is due to take place later on this morning.
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