JEC directors are given a pay rise

JEC directors are given a pay rise

At the company’s annual general meeting on Tuesday shareholders agreed to an increase in the maximum remuneration that can be collectively awarded to the six non-executive directors, from £100,000 a year to £125,000.

The handful of shareholders attending the meeting agreed total dividends of £6.

5 per share, including a final dividend of 85p, an interim dividend for Ordinary and A Ordinary shares of 55p and a special dividend of £5.

5 following the sale of the former Jersey Electricity Company shop in Broad Street last year.

The dividends will be paid on 30 March.

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