March 20 (Reuters) - AP Eagers Ltd APE.AX :
* NON-EXECUTIVE DIRECTORS HAVE DETERMINED TO FOREGO THEIR FULL BOARD FEES WITH IMMEDIATE EFFECT
* INTENDS TO CONSIDER PAYMENT OF AN ADDITIONAL DIVIDEND OF AN EQUIVALENT AMOUNT LATER IN YEAR
* MANAGING DIRECTOR MARTIN WARD AGREED TO AN EFFECTIVE 46% REDUCTION IN HIS REMUNERATION PACKAGE
* THERE WILL BE NO PARTICIPATION BY COMPANY'S SENIOR EXECUTIVES IN ANY NEW EQUITY INCENTIVE PLANS FOR 2020
* MANAGING DIRECTOR AGREED TO 46% REDUCTION IN HIS REMUNERATION PACKAGE BY FOREGOING SHORT-TERM &LONG-TERM INCENTIVES & REDUCING BASE SALARY