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7.2 Grant Thornton UK LLP of 30 Finsbury Square, London EC2A 1AG are the current auditors of the Company. Deloitte LLP of 1 New Street Square, London EC4A 3HQ were the auditors for the Company up to the financial period to 30 March 2019.
8. dividend policy
8.1 The Board s dividend policy was most recently stated on page 6 in the Chairman s Statement contained in the 2020 Annual Report & Accounts which forms part of the Company s Public Record: The Company has not paid a dividend since 3 February 2012. The Directors do not expect to pay dividends until the business is returned to a sustainable and stable financial footing. The Directors understand the importance of optimising value for Shareholders and it is the Directors intention to return to paying a dividend as soon as this is possible under the Company s agreements with GBB and the pension trustees and as soon as the Directors believe it is financially prudent for the Group to do so .
Ex-BBC chairman, former RIPE NCC boss lined up to run .UK registry as caretakers if campaign successful Share
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The UK internet industry has called for the ousting of the CEO and most of the board of Nominet – the organization that operates the .uk registry – accusing them of lining their own pockets at the expense of charitable causes and millions of ordinary Brits.
In a formal notice that will be served on the not-for-profit member-based org on Monday, a group of nearly 40 internet registrars has demanded a special meeting to vote on two measures: the removal of all non-elected members of the board, including CEO Russell Haworth, and the introduction of two caretaker directors to replace them.
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London, 20 January 2021 – ICSA: The Chartered Governance Institute has today released the findings of its review into the effectiveness of independent board evaluation in the UK listed sector. The review, which was carried out at the request of the Department of Business, Energy and Industrial Strategy (BEIS), assessed the quality of evaluations and has identified a number of ways in which board evaluation might be improved. Commenting on the findings, Sara Drake, Chief Executive of the Institute said: “While there is no evidence to suggest that there is widespread market failure that needs to be corrected, we believe that there is scope for broader adoption of good practice and greater transparency on the part of both board reviewers and the companies using their services. It is for BEIS to decide what action to take as a result of our report, but we believe that those objectives should be pursued through voluntary initiatives, with appropriate encouragement fr
A resolution re-appointing Crowe U.K. LLP as auditors of the Group was approved by shareholders at the annual general meeting held on 21 October 2019. Shareholders will be asked to approve the re-appointment of Crowe U.K. LLP as auditors of the Group at the next annual general meeting. Going concern The Group is focused on the development, by organic growth, of a financial training business in China, and, apart from a small amount of interest receivable and a small amount of revenue from certain course offerings, currently has no income stream. Until the training business has been adequately developed and is generating revenue, it is therefore dependent on its cash reserves to fund ongoing costs. At 31 October 2020, the Group s cash position was