Committees
Management Engagement Committee
Members:
George Kershaw
Roger Lewis
Charles Mallory
Trevor Ash
John Hignett
Remit:
- Routinely review the terms of engagement of all third party advisers to the Company, including the Investment Manger, the Investment Administrator, the Company Secretary, the Share Registrars and the Custodian, to ensure that they are competitive and sensible to shareholders;
- Negotiate the terms of engagement of the above third party advisers; and make recommendations to the Board on any matter within its remit
- The Management Engagement Committee are obliged to meet at least once a year
Audit Committee
Members:
George Kershaw
Roger Lewis
Charles Mallory
Trevor Ash
John Hignett
Remit:
- Authorisation of major capital expenditure
- Overview routine and special audits of the companies financial status
- Recommendation and appointment of company auditors
- Confirmation of annual budget for Board approval.
The Audit Committee are obliged to meet at least twice a year.