Motor dealer Pendragon (LSE: PDG) continues to have significant votes against its remuneration report and certain directors. It paid significant bonuses despite the large loss in 2020.
Three votes at the AGM had significant minorities against them. This includes the approval of the remuneration report, where 42.2% of votes were against the motion. This was similar to the 41.3% votes against the remuneration policy and the long-term incentive plan the year before (the vote against the 2020 remuneration report was 21.5%).
Pendragon reported a £25.5m pre-tax loss on continuing operations for 2020...
