The Board appreciates the critical importance of good corporate governance and has elected to adopt and apply the Quoted Companies Alliance Corporate Governance Code (the ‘QCA Code’).
The QCA Code, having been developed by the QCA with a focus geared towards small to medium quoted companies and having made broad-based consultations with institutional small company investors, serves as an alternative corporate governance code applicable to AIM companies. The core tenet of the QCA Code is that companies need to deliver growth in long-term shareholder value and that this requires an efficient, effective and dynamic management framework and should be accompanied by good communication which helps to promote confidence and trust.
Addressed in this document are the key governance principles defined in the QCA Code.
James Normand, Non-Executive Chairman