Corporate Governance

The Board recognises the importance of sound corporate governance whilst taking into account the size and nature of the Group. As the Group grows, the Directors intend, so far as is practicable, to develop policies and procedures which reflect the "Combined Code" on Corporate Governance.

The Remuneration Committee

The committee is comprised of the Chairman and Non-executive Directors and will review the performance of the senior management and set the scale and structure of their remuneration. The Remuneration Committee will also determine the allocation of share options to employees. It is a rule of the Remuneration Committee that no director shall participate in discussions or decisions concerning his own remuneration.