Corporate Governance

The Company follows the principles for corporate governance set out in the QCA Corporate Governance Code (“QCA Code”) so far as is practicable and appropriate having regard to its size.

The Company has an audit committee which has the responsibility for monitoring the the quality of its internal controls and ensuring that financial performance is properly measured.

The Company also has a remuneration committee which determines the terms and conditions of service and any performance incentives for the executive directors

The Directors of the Company comply with Rule 21 of the AIM Rules relating to directors’ dealings.