Revolting shareholders: US listing pay increase causes Tremor

Tremor International (LON: TRMR) is on its way to a US listing, but shareholders are not happy about the new pay awards for executives. These are required to be voted on by shareholders under Israeli law. The changes will not come into force until the US listing happens. Tremor believes a US listing would get it a rating more in line with US Ad Tech companies. The executive directors will certainly feel the benefit.

The AIM-quoted company held a general meeting on 30 April and there were resolutions to approve the new remuneration for chief executive Ofer Druker, which increases from $600,...

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