Board

The Company, taking into account its size and the complexity of its operations, seeks to comply with the relevant requirements of the QCA Corporate Governance Code.  The Companies corporate governance statement can be found here: Corporate Governance Statement

Audit Committee

The Audit Committee meets at least three times each year. Its primary duties are: to review the Company’s financial statements; to review the effectiveness of the Company’s internal controls; to review the Company’s risk management processes and the risks to which the Company is exposed; to oversee the relationship with the external auditor; and to review the Company’s whistle-blowing processes. For the annual results the independent auditors are invited to discuss the conclusions arising from their audit and their assessment of the Company’s internal controls.

Remuneration Committee

The Remuneration Committee meets at least twice a year and is responsible for considering and making recommendations to the Board in respect of remuneration for the Executive Directors. The committee also has oversight of the remuneration arrangements for the direct reports to the Executive Directors, the remuneration policy for which is set by the Executive Directors.

Share Dealing Code

The Directors comply with Rule 21 of the AIM Rules relating to dealings in the Company’s Ordinary Shares and the Company has adopted a code on dealing in securities to ensure compliance by its Directors and applicable employees.