AIM Rule 26

AIM Rule 26 Information
The following information is disclosed for information purposes only in accordance with Rule 26 of the AIM Rules for Companies:  
  
Description of the business  
Please click on the link below for a description of the business and its investing policy.  
Description of the business
Investing policy


Directors
See this link

Incorporation and registration details
The Company is incorporated in England and Wales with registration number 12120297 and has its registered office at 5th Floor, One New Change, London, EC4M 9AF

Main Country of Operation
The Company is headquartered in the U.K.

Current constitutional documents
The Company’s constitutional documents are represented by its Articles of Association.  
2019 Articles of Association

Details of any other exchanges or trading platforms  
The Company is not listed on any other exchanges or trading platforms.   

Number of securities in issue (updated 06/02/2020) 
Please click on the link below for details of the number of securities in issue, the number of securities held as treasury shares and, insofar as the Company is aware, the percentage of securities that is not in public hands together with the identity and percentage holdings of significant shareholders.

Major Shareholders

Details of any restrictions on the transfer of securities
There are no restrictions on the transfer of securities. 

Financial information (Last updated 20 February 2020)  
The Company’s first set of financial statements for the year to 31 December 2019 can be viewed at Report
& Accounts 31 December 2019

Company announcements  
Please click on the link below to access notifications made by the Company in the past 12 months.    
Regulatory News

Admission document and circulars
The Admission document can be viewed at Admission Doc

Corporate Governance Code

The Company complies with the QCA Corporate Governance Code (2018)

Director Responsibilities

Board Directors and Board Committees

The Board of Directors
The Board comprises two executive directors and four non-executive directors one of which is the chairman Mr Graham Stewart (non-executive Chairman). The Board is responsible to the shareholders for the proper management of the Group and meets regularly to: review trading performance, set and monitor strategy, examine acquisition and divestment possibilities; approve: major capital expenditure projects and corporate overhead costs, significant financing matters; and report to shareholders.

Remuneration Committee
The Remuneration Committee is comprised of Brent Cheshire (Chairman of the Committee)) and Jorunn Saetre. The Committee assists the Board in determining the remuneration arrangements and contracts for the executive directors and senior employees.
LBE Remuneration Committee Terms of Reference

Audit Committee
The Audit Committee is comprised of Katherine Roe (Chair of the Committee) and Brent Cheshire. The Audit Committee reviews the Company’s accounting policies, financial reporting, internal control, compliance and risk management and maintains an objective and professional relationship with the auditors.
LBE Audit Committee Terms of Reference

Nominations Committee
The Nominations Committee is comprised of Graham Stewart (Chairman of the Committee), and Jorunn Saetre. The Nominations Committee is responsible for considering and providing advice concerning appointments or reappointments to the Board.  Please click below for the terms of reference
LBE Nomination Committee Terms of Reference

UK City Code on Takeovers and Mergers
The Company is subject to the UK City Code on Takeovers and Mergers,

Advisers 
Please click on the link below for details of the Company’s Nominated Adviser and other key
advisers.