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Corporate Governance

The UK Corporate Governance Code

The Board is committed to high standards of governance and continues to work towards full compliance with the principles and provisions of the UK Corporate Governance Code (The Code).

The Board’s Role

  • Responsible for providing leadership
  • Setting the Company’s strategy
  • Ensuring that the necessary resources are in place to achieve the agreed strategic aims and objectives
  • Determines the Company’s key policies and reviews management and financial performance
  • Is accountable to its shareholders for the proper management of the Company
  • Directs and monitors the Company’s affairs within a framework of controls which enable risk to be assessed and managed effectively through clear procedures, lines of responsibility and delegated authorities

Non-Executive Directors

The  Non-Executive  Directors  bring  independent  judgment on  issues of  strategy  and  resources,  including key appointments and standards of conduct. They have a particular responsibility to challenge the performance of the executive management independently and constructively and to monitor the performance of the management team in the delivery of the agreed objectives and targets.