Full Press Release Details
to Shareholders of ICON plc
response to the negative voting recommendations on our proposed share award
plans made by Institutional Shareholder Services Inc and which we addressed in
our communication to you on July 8, we have been in direct contact with a
substantial percentage of our shareholders and we would like to share their
received positive feedback from substantially all of the investors that we have
spoken to. Indeed a significant majority have already indicated that
they will vote in favour of the resolutions while others have said that they
will need to work with their compliance departments in view of the proxy advisor
services' recommendations. All have indicated that they understand
and appreciate management's rationale for trying to introduce these new share
compensation plans in terms of staff incentivisation and retention, and
permitting a global company to compete in a global market.
this information is helpful to you as you make your decision. To
allow you time to further consider our proposed share award plans we have
extended the proxy voting deadline from 5.00 pm Eastern Standard Time on July 11
to 3.00 pm Eastern Standard Time on July 17. Please be advised that
the internet and telephone voting deadline will be 11.59 pm on July