This information is being disclosed for the purposes of AIM rule 26. The information disclosed on this website was last updated on 2 July 2019.
The Company holds regular Board meetings. The Directors are responsible for formulating, reviewing and approving the Company’s strategy, budget and major items of capital expenditure. The Company has an audit and risk committee (the “Audit & Risk Committee”), a remuneration committee (the “Remuneration Committee”) and a nomination committee (the “Nomination Committee”) with formally delegated rules and responsibilities.
Each committees meets throughout the year as and when appropriate and in the case of the Remuneration and Audit & Risk Committees at least three times each year. The members of the Audit & Risk Committee are Nigel Payne, Joanne Lake and Suki Thompson; chaired by Joanne Lake. The Audit & Risk Committee determines and examines matters relating to risk management within the Group and the financial affairs of the Company including the terms of engagement of the Company’s auditors and, in consultation with the auditors, the scope of the audit. It receives and reviews reports from management and the Company’s auditors relating to the half yearly and annual accounts and the accounting and the internal control systems in use throughout the Group.
The Remuneration Committee comprises Nigel Payne, Joanne Lake and Suki Thompson; chaired by Suki Thompson. The Remuneration Committee reviews and makes recommendations in respect of the Directors’ remuneration and benefits packages and that of senior employees, including share options and the terms of their appointment. The Remuneration Committee also makes recommendations to the Board concerning the allocation of share options to employees under the SAR Scheme.
The Nomination Committee comprises Suki Thompson, Nigel Payne and Joanne Lake; chaired by Nigel Payne. The Nomination Committee monitors the size and composition of the Board and the other Board committees, is responsible for identifying suitable candidates for board membership and monitors the performance and suitability of the current Board on an ongoing basis.
Country of Incorporation
The Company was incorporated and registered in England and Wales on 13 November 2014 under the Companies Act 2006 (as amended) as a private company limited by shares with the name Ensco 1101 Limited and with registration number 09310078. On 26 May 2015, the Company re-registered as a public limited company under the name Gateley (Holdings) Plc.
Corporate Governance and Takeover Code
The Board recognises the importance of good corporate governance and has adopted the QCA (Quoted Companies Alliance) Corporate Governance Code. Our Corporate Governance Statement 2018 sets out how we comply with the QCA Corporate Governance Code at this point in time. We will provide annual updates on our compliance with the code. The Company is incorporated in the UK and is subject to the UK City Code on Takeovers and Mergers.
The Company is incorporated in the UK and is subject to the UK City Code on Takeovers and Mergers.
Neil Andrew Smith, FCCA
Articles of Association
Details regarding the transfer of shares are set out in the Company’s Articles of Association.
AIM Securities in issue
Issued Share Capital: The total number of Gateley ordinary shares of 10p each in issue is 110,955,101
Shares held in Treasury: None
Shares not in public hands: The total number of Gateley ordinary shares of 10p each not held in public hands is 62,997,142 (56.8%)
|Shareholder||Number of ordinary shares||Percentage of enlarged share capital|
|Unicorn Asset Management||6,425,694||5.79%|
|Miton Asset Management||4,851,259||4.37%|
|Peter Davies* (COO)||2,481,204||2.24%|
|Michael Ward* (CEO)||2,466,754||2.22%|
|*Includes connected person|
Exchanges or trading platforms
Exchanges: Gateley shares are quoted and traded on the Alternative Investment Market (AIM) of the London Stock Exchange
The Company is not listed on any other exchanges or trading platforms.
Details of any restrictions on the transfer of securities
There are no restrictions on the transfer of securities.
Circulars to Shareholders
No circulars have been issued to shareholders.
Nominated Advisor and Broker
Link Asset Services
Grant Thornton UK LLP