Investor Information

Corporate Governance

Corporate Governance

Andy Parker – Non-Executive Chairman
Ian Smith – Executive Director
Nick Bedford – Non-Executive Director
Matt Riley – Non-Executive Director

Audit Committee

The Audit Committee comprises Ian Smith, Andy Parker and Nick Bedford as Chair. The committee meets at least three times a year at appropriate times in the audit and reporting cycle. The Audit Committee receive and review reports from management and from the Company’s auditors relating to the interim and annual accounts and to the internal control procedures in use throughout the Group. It is responsible for ensuring that the financial performance of the Group is properly reported, with particular regard to legal requirements, accounting standards and the AIM Rules for Companies. The ultimate responsibility for reviewing and approving the annual report and accounts, and for the half-yearly reports remain with the Board of Directors.

The Audit Committee is provided with detail of any proposed related party transactions in order to consider and approve the terms and conditions of such transactions and avoid breaches of the AIM Rules.

Remuneration Committee

The Remuneration Committee comprises Ian Smith, Nick Bedford, Matt Riley and Andy Parker as Chair. The committee meets at least twice a year and is responsible for determining and reviewing the terms and conditions of service (including remuneration) and termination of executive directors and senior employees, and the grant of options under any share option scheme of the Company, implemented from time to time.

Anti-bribery policy

IDE Group Holdings plc values its reputation for ethical behaviour and for financial probity and reliability. We shall always act with integrity and professionalism, and we recognise that any involvement in bribery will reflect adversely on that reputation. We aim to counter any risk of bribery within our organisation by:

• Introducing a clear anti-bribery policy
• Training all employees so that they can recognise and avoid the use of bribery by themselves and others
• Encouraging our employees to be vigilant and to report any suspicion of bribery, providing them with suitable channels of communication and ensuring sensitive information is treated appropriately by introducing a whistleblowing policy to protect employees
• Taking firm and vigorous action against any individual(s) involved in bribery