SmartPay Proposes Increased Directors’ Remuneration

SmartPay Holdings Limited (DE:KX2) has released an update.

SmartPay Holdings Limited is set to propose an increase in their Directors’ remuneration pool at the upcoming Annual Meeting of Shareholders, reflecting the need for competitive compensation due to increased responsibilities and complexity in the company’s operations. An independent report by the Institute of Directors supports the increased fees, aligning them with similarly sized listed companies. The proposed pool of $750,000 aims to provide ample headroom while allowing for future growth and potential appointment of an additional director with industry-specific expertise.

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