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Wednesday, December 20, 2006

Equity Grants to Directors Should Require Consent
Submitted by: Sarah Cohn, Director of Communications

Interesting opinion piece in the Australian Financial Review by Geof Stapledon, Managing Director of ISS Australia, and Martin Lawrence, Lead Analyst of ISS Australia, titled "Equity Grants to Directors Should Require Consent."

The piece highlights the need to reinstate the shareholder approval requirement to issue equity grants to directors. Currently, the ASX is seeking comment on this rule.

Please Download file to read the entire article. We welcome your thoughts on restoring this rule in Australia.

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