Corporate Governance Overview
The Board is committed to maintaining its high standards of corporate governance, managing the Group in an efficient, effective, entrepreneurial and ethical manner for the benefit of shareholders over the longer term. Whilst the Company is not subject to the UK Corporate Governance Code published in 2010 (the "Code") applicable to companies listed on the Official List, the Directors recognise the value and importance of sound corporate governance and support the principles of the Code.
Since listing on AIM in late 2004, the Group has developed in line with its strategic aims, increasing its spread in terms of both geography and sector. The Board recognises that with this growth comes the need to provide a sound framework of corporate governance and is committed to the continued review, development and implementation of corporate governance practices which will support the business as it continues to deliver its strategic objectives.
An explanation of how the main principles of the Code have been applied can be found in the following sections: