StockMarketWire.com - Hochschild Mining faced a shareholder revolt over chief executive Ignacio Bustamante's pay and bonus package at the annual general meeting today.

The company said it noted the level of votes against the 2015 remuneration report - 34.25% - which, through shareholder engagement, appeared to be in response to the base salary increases awarded to the CEO during 2015 and the calculation of the CEO's 2015 annual bonus with reference to his year-end salary.

The company said the remuneration committee acknowledges the specific views expressed by shareholders which will be taken into account as part of a review of the company's framework of executive remuneration. The committee also intends to consult its significant shareholders as part of this review.



At 2:13pm: [LON:HOC] Hochschild Mining PLC share price was +4.13p at 152.63p



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