• Text size
  • Send this article to a friend
  • Print this article

Optos pay policy wins backing amid watchdog criticism

DUNFERMLINE-based medical device company Optos has seen off complaints about its pay policy by corporate watchdog PIRC with just 0.9% of shares being voted against its remuneration report.

Chairman Peter Fellner told the annual investor meeting in London: "In the current environment, that is a very strong vote in favour of a remuneration report."

Taking into account withheld votes, typically a signal of dissatisfaction with board policies, investors holding 6.3% of shares failed to back the pay report