Corporate Governance

Corporate Governance

Companies that are admitted to trading on AIM are not required to comply with the UK Corporate Governance Code. However, the Directors recognise the importance of sound corporate governance and intend to comply with the provisions of the Corporate Governance Code for Small and Mid-size Quoted Companies 2013, published from time to time by the Quoted Companies Alliance, to the extent that they believe it is appropriate in light of the size and stage of development of the Enlarged Group.

The Board will be responsible for the management of the business of the Enlarged Group on behalf of its shareholders. It will set the strategy for and direction of the Enlarged Group and will formulate its policies. It will also be responsible for overseeing the financial performance of the Enlarged Group and monitoring its systems and internal controls.

 

Board Committees

The Board has established an Audit Committee, a Remuneration Committee and a Nominations Committee.

 

With effect from Admission:

 

 

 

A summary of the terms of reference for the Audit Committee, the Remuneration Committee and the Nominations Committee is set out in paragraph 16 of Part 6 of the admission document.

 

Share Dealing Policy

The Company has adopted a share dealing policy for dealings in securities of the Company by directors and certain employees which is appropriate for a company whose shares are traded on AIM. This will constitute the Company’s share dealing policy for the purpose of compliance with MAR and the AIM Rules.

 

 

 

Gordon Dadds Group