Business
2019/20 Remuneration Policy
2019/20 Remuneration Policy.
About this update from Currys Plc
[{"type":"text","content":"\n \nRNS Number : 3109K Dixons Carphone PLC 27 August 2019 \n\n27 August 2019\n \nDIXONS CARPHONE PLC (the \"Company\")\n \n2019/20 REMUNERATION POLICY (the \"Policy\")\n \nIn advance of the 2019 Annual General Meeting to be held on Thursday 5 September 2019 (the \"2019 AGM\"), the Company wishes to update shareholders on an aspect of the proposed Policy as set out in the 2018/19 Annual Report and Accounts that will be subject to a binding vote at the 2019 AGM.\n \nThe Remuneration Committee gives an undertaking that notwithstanding the Policy flexibility to pay up to 10% of base salary as a pension contribution (or cash allowance in lieu of pension) for a newly appointed executive director, any such appointment would be made with a pension contribution in line with the level paid to the majority of the UK workforce across the Group (which at the current time is 3% of salary).\n \nTony DeNunzio, Deputy Chairman and Chairman of the Remuneration Committee said: 'As Dixons Carphone embarks upon its transformation, all our colleagues have a vital role in ensuring the business becomes the world-class retailer we know it can be. As a board, we feel it is important that our remuneration policies are fair, consistent and transparent, operating in the interests of all our colleagues and broader stakeholders. Having consulted further with our shareholders and considered evolving market practice, we recognise that equalizing pension contributions for new executive directors in line with other colleagues across the business is an important step in that direction.'\n \n \nFor further information: \n\n\n\n\n\n\n\n\nAssad Malic\n\n\nGroup Corporate Affairs Director\n\n\n+44 (0)7414 191 044\n\n\n\n\nDan Homan\n\n\nHead of Investor Relations\n\n\n+44 (0)7401 400 442\n\n\n\n\nAmy Shields\n\n\nHead of External Communications\n\n\n+44 (0)7588 201 442\n\n\n\n\nSusan Gilchrist/Nick Beswick\n\n\nBrunswick Group\n\n\n+44 (0) 207 4040 5959\n\n\n\n\n \n\n\n \n\n\n \n\n\n\n\n \n\n\n\n\n \n\n\n\n\n \n\n\n\n\n \n\n\n\n\nAbout Dixons Carphone:\nDixons Carphone plc is a leading multinational consumer electri...