Smartpay investors vote in favour of 25% director fees increase

Eftpos terminal provider Smartpay services more than 30,000 merchants with about 45,000 terminals.

Fri, 12 Jul 2024

Smartpay investors have voted in favour of a proposal to raise annual directors' fees by 25% to $75,000 and to increase the money available to pay them by $250,000.At its annual meeting, held in Sydney on Friday, the company proposed a resolution that the aggregate fees payable to the company’s non-executive directors be increased from $500,000 per year to $750,000 per year to allow for the remuneration of six non-executive directors and a change to the pay of the current directors, with effect from August 1.The company has four non-e...

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