ALPHA RETURNS GROUP PLC ORD 0.0 (ARGP.L)
Wed 1 Nov 2017, 14:55GMT
The Board is responsible for creating value for shareholders, determining strategy, investment and acquisition policy, approving significant items of expenditure and consideration of significant financing and legal matters.
The Board consists of two Executive Directors and two Non-Executive Directors. The Board considers that the Non-Executive Directors are independent and that each has specific expertise and experience, materially enhancing knowledge, judgement and overall performance of the Board. View the biographies of the Board of Directors.
The Board has referred certain responsibilities to the Board Committees set out below which operate within defined terms. The current composition of Board Committees is as follows:
Nigel Brent Fitzpatrick MBE
The purpose of the Audit Committee, which is chaired by Ellen Tsang, is to provide formal and transparent arrangements for considering how to apply the financial report and internal control principles set out in the Combined Code, and to maintain an appropriate relationship with the Company’s auditors. The key terms are as follows:
The purpose of the Remuneration Committee, which is chaired by Ellen Tsang, is to establish a formal and transparent procedure for developing policy on executive remuneration and to set the remuneration packages of individual full-time Executive Directors. The key terms are as follows:
The role of the Nominations Committee is to lead the process for identifying and to make recommendations to the Board on candidates for appointment as Directors of the Company and as Company Secretary.
The Committee Chairman shall report formally to the Board on its proceedings after each Committee meeting on matters discussed at the meeting. It meets as required.
The role of the AIM Compliance Committee is to monitor and report on compliance with the AIM Rules for Companies ("AIM Rules").
The Committee shall comprise at least three Directors (at least one of whom shall be an Executive Director).
The Company Memorandum and Articles of Association can be viewed by clicking on the link below, as can a Resolution passed at the EGM on the 4th of January 2012, changing the Company’s name to Digital Learning Marketplace Plc.