The Audit Committee

Members of the Audit Committee:

Nigel Richens (Chair)

Roger McDowell

The Audit Committee meets at least twice a year with the Group's Auditor and as otherwise required. Its duties are to:

  • Monitor the integrity of the financial statements;
  • Review the quality of the Group's internal controls, ethical standards and risk management systems;
  • Review the Group's procedures for detecting and preventing bribery and fraud; corruption, sanctions and whistleblowing
  • Ensure that the financial performance of the Group is properly reported on and monitored, including reviews of the annual and interim accounts, results announcements and accounting policies; and
  • Oversee the relationship with the Group's external Auditor.

See our Corporate Governance Report in our 2020 Annual Report for more information.

Audit Committee Terms of Reference

The Nomination Committee

Members of the Nomination Committee

Roger McDowell (Chair)

Nigel Richens

The Nomination Committee is responsible for ensuring that the Board is sufficiently well equipped to ensure that the Group continues to be governed by suitably qualified people with the breadth and depth of experience required to effectively lead the business. The Committee recommends and reviews nominees for the appointments of new Directors to the Board and ensures that there is due process used in selecting candidates. The Committee meets as required.

Nomination Committee Terms of Reference

The Remuneration Committee

Members of the Remuneration Committee:

Nigel Richens (Chair)

Roger McDowell

The Remuneration Committee meets at least once a year to determine and agree remuneration packages of the Chair and Executive Directors and other employee benefits.

Where appropriate, the Committee seeks advice from remuneration consultants to gain an understanding of current trends and latest developments. In addition, taxation and legal
advisors will usually be involved in drafting and finalising reward agreements. The remuneration of the Non-Executive Directors is agreed by the Chairman and Executive Directors. Details of Directors’ remuneration are set out in the latest Annual Report. Read our Corporate Governance Report in our 2020 Annual Report for more information.

Remuneration Committee Terms of Reference

Directors' Remuneration Policy

AIM Compliance and Corporate Governance

Members of the AIM Compliance and Corporate Governance Committee:

Nigel Richens (Chair)

Roger McDowell

Bryce Brooks

Russell Cash

The AIM Compliance and Corporate Governance Committee usually meets twice a year. It is responsible for establishing, reviewing and monitoring the Group’s procedures and controls
for ensuring compliance with the AIM Rules and the timely disclosure of information to satisfy the Group’s legal and regulatory obligations.

AIM Compliance and Corporate Governance Committee Terms of Reference