South African founder Magda Wierzycka wins 87% shareholder backing for $37 million Sygnia executive share plan despite dilution fight

Shareholders of South African asset manager Sygnia have approved an expansion of the company’s employee share-option scheme, handing founder and chief executive Magda Wierzycka a decisive victory in a dispute over executive incentives and shareholder dilution. The amendment received 86.99% of votes cast at a general…