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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 30 March 2020 - onwards
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1110N. Remuneration report

(1) A traded PLC shall prepare a report in accordance with this section providing a comprehensive overview of the remuneration awarded or due, during the most recent financial year, to all of its directors in accordance with a remuneration policy prepared under section 1110M (referred to in this section as a 'remuneration report').

(2) The remuneration report shall be clear and understandable and, where applicable, contain the following information regarding each director's remuneration:

(a) the total remuneration broken down into its various components;

(b) the relative proportion of fixed and variable remuneration;

(c) an explanation of how the total remuneration complies with the adopted remuneration policy, including how it contributes to the long-term performance of the traded PLC;

(d) information on the application of performance criteria;

(e) the annual change of -

(i) remuneration,

(ii) the performance of the traded PLC, and

(iii) average remuneration, on a full-time equivalent

Comparing proposed amendment...