The Board is responsible for creating value for shareholders, determining strategy, investment and acquisition policy, approving significant items of expenditure and consideration of significant financing and legal matters.  The company is controlled by a Board consisting of five Directors.

The principal functions of the Audit Committee are to review the interim and annual accounts before they are presented to the Board and to review the effectiveness of the Company’s internal control and risk management systems. 

The Audit Committee comprises the Company’s non-executive directors from time to time.  Currently it comprises F Pole (Chairman), R Eccles, S Purkiss.

The Remuneration Committee is responsible for the review and recommendation of the scale and structure of remuneration for key management personnel, including any bonus arrangements or the award of share options. 

The Remuneration Committee comprises the Company’s non-executive directors from time to time.  Currently it comprises F Pole (Chairman), R Eccles, S Purkiss.

The Nomination Committee oversees the appointment of directors and the selection, appointment and succession planning of the Company’s Chief Executive Officer. The committee makes recommendations to the Board on the appropriate skill mix, personal qualities, expertise and diversity of each position. Where, through whatever cause, it is considered that the Board would benefit from the services of a new director with particular skills, the Board would then appoint the most suitable candidate who must stand for re-election at a general meeting of shareholders.

The committee comprises the following members, all of whom are non-executive directors: F Pole (Chairman), R Eccles, S Purkiss.