Financial Times FT.com

DSG proposal under attack

By Samantha Pearson and Kate Burgess

Published: August 25 2009 22:59 | Last updated: August 25 2009 22:59

An investor advisory group has voiced opposition to DSG International’s plans to create an exceptional remuneration scheme that will allow executives to sacrifice up to 25 per cent of their salaries in exchange for share options.

Unlike the retailer’s other option plans, this scheme is not based on the participants’ performance. Shareholders will vote on the plan at DSG’s annual meeting next week.

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