Board Committees
The following information is being disclosed for the purpose of rule 26. Further information on each committee can be found in the links below.
Remuneration Committee
The Remuneration Committee has responsibility for reviewing and determining, within agreed terms of reference, the Company’s policy on the remuneration of senior executives, directors and other key employees and specific remuneration and benefits packages for executive directors, including pension rights and compensation payments. It is also to be responsible for making recommendations for grants of options under the New Share Option Scheme. It is expected to meet not less than twice a year.
The remuneration of non-executive Directors is a matter for the Board and no Director may be involved in any discussions as to his or her own remuneration. The Remuneration Committee comprises Elizabeth Gooch and David Mathewson, and will be chaired initially by Elizabeth Gooch.
