At the heart of the Code are five main principles that emphasise the value of good corporate governance to long-term sustainable success.

From the date of the Group’s Initial Public Offering in May 2016, the Directors have generally adopted the principles and provisions of the 2018 UK Corporate Governance Code (the “Code”). The only areas of non-compliance are currently (i) the Directors’ Remuneration Report which has been prepared in accordance with AIM Rule 19, (ii) provision 11 of the Code which relates to the proportion of non-executive directors whom the Board considers to be independent and (iii) the fact that the Interim Chair of the Board is not independent.

Read our Corporate Governance Statement of Compliance with the UK Corporate Governance Code.

This information was last reviewed on 07 November 2022.