Shoprite Holdings is trading 3.33% down at €17.40; no clear catalyst for the decline was confirmed.
- News published November 3 said proxy advisers ISS and Glass Lewis urged shareholders to reject a proposed CEO incentive plan and the remuneration implementation report ahead of the November 6 AGM.
- Reporting has not established that this company-specific scrutiny caused the share-price move. The supplied defensive-sector trend is positive and does not explain the decline.