Remuneration Matters
The Group's remuneration policy is to provide compensation packages at market rates which will reward successful performance and attract, retain and motivate managers and directors (CCG 2005, Principles 8 and 9, Guideline 8.5).
The Company currently does not have a formal service contract with non-executive directors. The executive director has a service contract, which is subject to termination by the relevant subsidiary of the Company by giving not less than three months' notice (CCG 2005, Guidelines 8.3 and 8.6).
Company's directors receiving remuneration from the Group for the years ended 31 December 2007 and 31 December 2006 are set out below (CCG 2005, Guidelines 9.1 and 9.2):
Click here to view Remuneration Band details
Summary compensation table for the directors of the Company and key executives of the Group for the year ended 31 December 2007 is set out below (CCG 2005, Guidelines 9.1 and 9.2):
Click here to view Summary Compensation Table
Full report of The Corporate Governance Statements is available in PDF for your reading.
