UK Stocks-Factors to watch on May 5

       May 5 (Reuters) - Britain's FTSE 100 index is seen
opening higher on Thursday, with futures up 1.15%.

    * OCADO (OCDGF): Some 29% of votes cast at Ocado's (OCDGF) annual
shareholder meeting opposed online supermarket and technology
group's plan to extend management incentive scheme beyond its
original five-year term.
    * MONDI (MONDF): Paper and packaging firm said it would
sell its Russian assets, the latest company to exit the country
following Moscow's invasion of Ukraine.
    * STANCHART: Standard Chartered's (SCBFF) pay plans for top
executives were approved by shareholders on Wednesday, but a
sizeable minority of investors voted against them.
    * RIO TINTO: Rio Tinto said any sanctions
on Russian aluminium producer Rusal for Moscow's invasion of
Ukraine would significantly disrupt the aluminium market and
drive prices higher.
    * UK CAR SALES: British new car sales fell about 16% in
April, compared with a year earlier, prompting a downgrade to
the full-year outlook, according to preliminary industry data
released.
    * GOLD: Gold prices climbed more than 1% after U.S. Federal
Reserve Chair Jerome Powell ruled out large, aggressive interest
rate hikes for the year as the central bank seeks to contain
inflation without triggering an economic recession.
    * OIL: Oil prices edged higher, extending gains from the
previous session, as a European Union proposal for new sanctions
against Russia, including an embargo on crude in six months,
offset concerns over Chinese demand.
    * FTSE 100: UK's benchmark equities index declined on
Wednesday, weighed down by weakness in consumer staple and
healthcare shares, while investors awaited the Federal Reserve's
interest rate decision later in the day.

    * UK CORPORATE DIARY:

 Shell                                Q1 results
 BAE Systems                          Trading update
 Barratt Developments                 Trading update
 Hiscox (HCXLF)                               Q1 trading statement
 Virgin Money UK (CYBBF)                      HY results
 Next Plc (NXGPF)                             Interim Management
                                      Statement
 Rathbones Group (RTBBF)                      Q1 Interim Management
                                      Statement
 Derwent London (DWVYF)                       Q1 Business Update

    * For more on the factors affecting European stocks, please
click on:
    TODAY'S UK PAPERS
    > Financial Times
    > Other business headlines

 (Reporting by Amna Karimi in Bengaluru;
Editing by Vinay Dwivedi)