Asian benchmarks for UBM bonus plan

United Business Media's shareholders (disclosure: including me) have been circulated with a proposal to approve new long-term incentive plans for senior executives at an EGM on 26th September. Like many of these plans, share awards are made if the company's total shareholder return exceeds the median performance of a comparator group.

We were interested to see the list of those the company sees as its peers. There are 20 in all and, of these, two are from the Asia Pacific region; Global Sources and the O'Reilly's APN News & Media in Australia.

Others are:

• Aegis Group
• CNET Networks
  
• DMGT
• Dow Jones
• Emap
• McGraw Hill
  
• Euromoney
• VNU
• Johnston Press
• Wolters Kluwer
• Pearson
• Axel Springer
• Reed Elsevier
• Lagadere
• Reuters
• T&F Informa
• Trinity Mirror
• Thomson