Responsibilities

The Board consists of two Executive Directors and four Non-executive Directors of whom three are considered by the Board to be independent pursuant to the UK Corporate Governance Code.

The Chairman’s role is to ensure good corporate governance. His responsibilities will include leading the Board, ensuring the effectiveness of the Board in all aspects of its role, ensuring effective communication with shareholders, setting the Board’s agenda and ensuring that all Directors are encouraged to participate fully in the activities and decision-making process of the Board.

The Board has appointed Stephen Oke as Senior Independent Director primarily to act as a conduit to the Board for the communication of shareholder concerns when other channels of communication are inappropriate.