The Directors’ Remuneration Policy was approved by shareholders at the Annual General Meeting in 2017 and took effect from that date. In line with current regulations, this policy may operate for the next three years at which point it will be reviewed and shareholder approval of a new remuneration policy will be sought at the 2020 AGM at the latest. The policy can be viewed here.
A report on how the policy has been implemented during the year is set out in the Directors’ Remuneration Report of the 2018 Annual Report and Accounts and can be viewed here. An update in respect of 2019 will be set out in the 2019 Annual Report and Accounts
The information required in accordance with section 430 (2b) of the Companies Act 2006 regarding payments for loss of office can be viewed below.
Section 430 (2B) Companies Act 2006 Statement – John O’Higgins
Section 430 (2B) Companies Act 2006 Statement – Clive Watson