REG - Assoc British Enging - Annual Financial Report <Origin Href="QuoteRef">ASBE.L</Origin> - Part 5
31/07/2017 12:55
- Part 5: For the preceding part double click ID:nRSe6026Md
period, was put to the members of the Annual General Meeting and was effective from that date.
DIRECTORS' REMUNERATION - SINGLE FIGURE TABLE (AUDITED)
2017 2016
Total Total
£'000 £'000
Mr S Cockburn (Vacated office 29 September 2015) - 5
Mr R Pearce Gould 10 10
Mr C Weinberg 20 20
30 35
The amounts above all relate to directors fees and represent the total remuneration of the company's directors but excludes
fees of £16,000 pa (2016: £15,000) paid by a subsidiary to Cambridge Management Consultants Limited, a company related to
Mr Pearce Gould.
This section of the report is subject to approval by a simple majority of shareholders at the AGM in or around September
2017, as in previous years.
Statement of Voting at the Annual General Meeting (AGM)
The 2016 Remuneration Report was presented to the AGM in September 2016 and received shareholder approval following a vote
on a show of hands. 0.55% of the votes cast on the proxy forms were against the Report and no votes were withheld. The
proxy forms returned contained no explanation for the votes against the resolution.
Total Shareholder Return (TSR)
Source: Yahoo UK finance
ASSOCIATED BRITISH ENGINEERING PLC
DIRECTORS' REMUNERATION REPORT
The graph on page 59 shows the Company's TSR performance compared to the FTSE All Share index over the past five years.
TSR is defined as share price growth plus reinvested dividends. This provides a basis for comparison with a relevant
equity index but should be treated with caution in view of the small market in the Company's shares.
A statement of directors' shareholdings and interest is reported in the directors' report on page 4.
Company Performance
The Board is responsible for the Company's business strategy and performance.
The Statement of Directors' responsibilities, Corporate Governance report and the Directors' Remuneration report on pages
53 to 62 form part of the Directors' report.
On behalf of the Board
C Weinberg
Director
Date 28 July 2017
ASSOCIATED BRITISH ENGINEERING PLC
DIRECTORS AND ADVISERS
The Board comprises two directors:
COLIN WEINBERG (68) became a non-executive director on 10 November 2003. He was a member of the London Stock Exchange from
1980 to 1987 and was admitted to fellowship of the Securities Institute in 1995. He was previously a non-executive director
of Peckham Building Society.
RUPERT PEARCE GOULD (65), was appointed as non-executive director on 18 September 2015. Rupert has a degree in engineering
and has served as an executive director and chairman in both the public and private sector. He has been chairman of BPE
since 2000 and was previously a director of the company for 2 years until 2002.
SECRETARY & REGISTERED OFFICE BANKERS
Woodberry Secretarial Limited The Royal Bank of Scotland plc
Winnington House 2 Woodberry Grove 5th Floor
North Finchley Tay House
London 300 Bath Street
N12 0DR Glasgow
Registered No.110663Tel No: 020 8492 6363 G2 4RS
AUDITOR CORPORATE ADVISERS
haysmacintyre Beaumont Cornish Limited
26 Red Lion SquareLondonWC1R 4AGTel No: 020 7969 5500 2nd FloorBowman House29 Wilson StreetLondonEC2M 2SJ
REGISTRARS SOLICITORS
Computershare Investor Services plc Fladgate LLP
The Pavilions 16 Great Queen Street
Bridgwater Road London
Bristol WC2B 5DG
BS13 8AE
This information is provided by RNS
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