• Corporate Governance
• Audit Committee
• Share Trading
• Remuneration Committee

Audit Committee

The audit committee was established in 1995 and is comprised of the non-executive directors appointed by the Board, being Mr Reginald Webb, Mr John Yeudall, Mr William Love and Mr Joseph Beal with regular attendance by the Managing Director at the request of the audit committee.

Meetings of the committee are usually held in March, July and August each year and at any other time as requested by a member of the committee or the external auditors. The primary function of the committee is to assist the Board in fulfilling its responsibilities for the Company’s financial reporting and external reporting and ensuring all accounting reports are prepared in accordance with the appropriate accounting standards and statutory requirements. In addition, it reviews the performance of the auditors and makes any recommendations the committee feels necessary.