WhereDaily News: Intertain Group Limited Provides Update Regarding Management Incentive PlanTORONTO, ONTARIO--(Marketwired - Dec. 4, 2015) - The Intertain Group Limited ("Intertain" or the "Company") (TSX:IT) today announced that it has published on its website certain recommendations from the Company's Compensation Committee relating to the Company's management compensation structure.
As previously announced by the Company on August 31, 2015, the Board of Directors of the Company ("the Board") had undertaken to re-evaluate the Company's management incentive plan ("MIP") in light of concerns about the MIP expressed by certain shareholders. As part of this re-evaluation process, the Board engaged Global Governance Advisors ("GGA") to make recommendations to the Board based, amongst other things, on feedback from shareholders. The Company also undertook to canvass input from shareholders before implementing a new compensation structure.
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