The Group is committed to applying the highest principles of corporate governance commensurate with its size and recognise its importance in the long-term sustainable development of our Company.
Idox plc are intending to fully comply with the QCA Corporate Governance Code published by the Quoted Companies Alliance (the “QCA Code”) on 25 April 2018. We are reviewing our current procedures with a view to being fully compliant ahead of the September deadline for adoption.
The Group will hold Board meetings on a regular basis. The Board is responsible for formulating, reviewing and approving the Group's strategy, budgets, major items of capital expenditure and acquisitions. The Board has established and will maintain from Admission a number of committees with the following roles across the Group:
The company commenced paying dividends in 2007. It is the Board's intention to continue paying dividends when appropriate and subject to shareholder approval.
In order to comply with its obligations under the Market Abuse Regulation, the Group Board has introduced a policy and a set of procedures for securities dealing. This is set out in the following documents: