NextDC faces remuneration strike after proxy vote

The news: NextDC shareholders have delivered a strike against the data centre company's remuneration report, after just 28% of proxy votes approved the pay plans.

The numbers: The report, which includes a $150 million bonus package aimed at retaining CEO Craig Scroggie and other senior executives, needs 75% of the shareholder vote to pass.

Shareholders are, however, set to vote through Scroggie's proposed long-term incentive plan, after 83% of proxies approved the resolution.

NextDC shares were down 3% to $14.68 at midday AEDT.

The context: The expected strike follows recommendations from proxy advisors CGI Glass Lewis and Institutional Shareholder Services that shareholders vote against the report.