Procedures and processes
The Board operates under a formal quarterly schedule of matters reserved for the Board. This ensures that the Company’s strategy and objectives, risks, internal controls and service providers are all reviewed throughout the year.
Evaluation of the Board
An online questionnaire is completed annually by the Directors to evaluate the effectiveness of the Board. The evaluation assesses the performance of the Chairman, the individual Directors and the Board. Any concerns are noted, discussed at the subsequent Board meeting and appropriate action taken and monitored throughout the year.
Memorandum and articles of association
The Memorandum and Articles of Association were last approved by shareholders in January 2015.