Hong Kong-based activist investor Oasis Management Company has urged shareholders to vote against the Restaurant Group chief executive Andy Hornby’s pay package, calling it “disproportionate”.
Oasis has also upped its holding in the company, which operates chains including Wagamama and Frankie & Benny’s. Its stake has increased to 12.3%, from 6.5%.
Hornby’s base salary is set to increase by 2.5% to £674,450 for 2023.
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Including:
Mitsubishi Estates and Co-Re appoint Savills to help lease the development’s office space
Decision deferred on former National Institute of Agricultural Botany revamp
Developer has taken 10 storeys off proposals since first filing
Colliers appointed to lease 50,000 sq ft of office space in the Salford Quays development
