Covid-19 Update - Board Remuneration

RNS Number : 3985K
Bellway PLC
22 April 2020
 

BELLWAY p.l.c.

 

(the "Company")

 

Covid-19 Update - Board Remuneration 

Bellway p.l.c. announces that, in light of the Covid-19 crisis and its extraordinary impact on the business and the wider economy, the Board of Directors have agreed to a voluntary, temporary 20% reduction in basic salary and fees effective from 1st April until 31st May 2020, which will be donated to various charities. The Company will match-fund the donations with a contribution to its national charity partner, Cancer Research UK whose important work and fundraising capacity has been adversely impacted by the Covid-19 pandemic.

 

 

Name of contact and telephone number for queries:

 

Simon Scougall

Group General Counsel and Company Secretary

Bellway p.l.c.

Tel: 0191 217 0717

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
UPDPPUBUCUPUGAG

Companies

Bellway (BWY)
UK 100

Latest directors dealings