Standard shareholders agree 5.4p dividend

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Standard Life's first annual general meeting since its listing on the London Stock Exchange in July last year has seen shareholders pass all proposed resolutions including agreeing a first dividend of 5.4p a share.

The AGM, which included the re-election of directors including Sandy Crombie and Trevor Matthews and the re-appointment of PriceWaterhouseCoopers as auditors, also saw Sir Brian Stewart stepping down from his role as chairman of the company. Stewart, who has been a director of Standard Life Assurance since 1993 before becoming chairman in 2003, was appointed director and chairman of Standard Life PLC in March last year, and will now be replaced by Gerry Grimstone, formerly deputy chairman of the Board. In addition, the AGM saw shareholders endorse the special resolutions which include ...

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