“We are committed to high standards of corporate governance which we consider are critical to business integrity and to maintaining investors’ trust in us. We expect all our directors, employees and suppliers to act with honesty, integrity and fairness. Our business principles set out the standards we set ourselves to ensure we operate lawfully, with integrity and with respect for others.”
All companies with a Premium Listing of equity shares in the UK, and with a reporting period beginning before 17 June 2016, are required under the Listing Rules to comply with the Financial Reporting Council’s UK Corporate Governance Code 2014 (the ‘Code’) or, state the areas in which they do not comply. The Code is intended to enhance the quality of information investors receive about the long-term health and strategy of listed companies, and raises the bar for risk management. The Code can be accessed on the Financial Reporting Council’s website: https://www.frc.org.uk.
The Code is a guide to a number of key components of effective Board practice, the main principles, or sections, being:
- Relations with Shareholders
As a Company trading on AIM, Johnson Service Group PLC is not required to comply with the Code. Notwithstanding this, the Board does expect all directors, employees and suppliers to act with honesty, integrity and fairness and our business principles set out the standards we set ourselves to ensure that we operate lawfully, with integrity and with respect for others.
The Board is committed to high standards of corporate governance, which it considers are critical to business integrity and to maintaining investors’ trust, and as a result has reviewed the procedures to comply with the provisions of the Code.
Further information is available in the 2016 Annual Report, or by following the links below:
- Strategic Review
- Principal Risks and Uncertainties
- Directors’ Report
- Directors’ Responsibilities Statement
- Corporate Governance Report
- Audit Committee Report
- Nomination Committee Report
- Board Report on Remuneration
In fulfilling its responsibilities under Schedule 19 of the Finance Act 2016, the Board has approved for publication a Tax Risk Management Strategy (“Tax Strategy”) which sets out our approach to tax risk management and tax planning. The Tax Strategy, which can be accessed by clicking here, will be reviewed periodically and updated as applicable.