Rural Broadband Solutions PLC (RBBS)
The Directors are committed to maintaining high standards of corporate governance, and propose, so far as is practicable given the Company’s size and nature, to comply with the QCA Code. Following Admission, as soon as is practically possible, the Board intends to establish an audit and risk management committee and a remuneration committee and will consider developing further policies and procedures, which reflect the principles of good governance.
The Board includes two non-executive directors, Michael Langoulant and Selwyn Lewis. Given the relatively small size of the Board, the Directors consider that the Board has the appropriate balance between executive and non-executive directors, and that this is sufficient for the Board to be considered independent as a whole. The Directors consider that this structure is appropriate for the size and nature of the Company, although this is kept under regular review.