Corporate Governance
Our Corporate Governance strategy ensures that the company is managed in an efficient, effective and entrepreneurial manner
The Quoted Company Alliance (QCA) Code
The Directors recognise the importance of high standards of corporate governance and have chosen to adopt and apply the 2018 Quoted Companies Alliance Corporate Governance Code (the ‘QCA Code’). The QCA Code was developed by the QCA in consultation with a number of significant institutional small company investors, as an alternative corporate governance code applicable to AIM companies. The underlying principle of the QCA Code is that “the purpose of good corporate governance is to ensure that the company is managed in an efficient, effective and entrepreneurial manner for the benefit of all shareholders over the longer term”.
To determine how the Company addresses the key governance principles defined in the QCA code please refer below.
Establish a strategy and business model which promote long-term value for shareholders
Application (as set out by QCA)
The board must be able to express a shared view of the company’s purpose, business model and strategy. It should go beyond the simple description of products and corporate structures and set out how the company intends to deliver shareholder value in the medium to long-term. It should demonstrate that the delivery of long-term growth is underpinned by a clear set of values aimed at protecting the company from unnecessary risk and securing its long-term future.
What we do and why
The Company’s overall immediate business strategic objective is to obtain at a minimum, an operating cash breakeven position by increasing the adoption of the Company’s intellectual property and products, both large and small, into key target markets via future license deals, joint ventures and direct product sales. Once this has been achieved, the Company will continue to further develop and drive the adoptions of its intellectual property so that the Company achieves significant profit levels.
The key challenges to the business and how these are mitigated is detailed on pages 8 to 10 of the Group’s Annual Report and Accounts for the year ended 30 June 2024 under the “Business Review” heading.
Investor Relations Contacts
We have an active investor relations program and encourage enquiries from the investment community.
CAP-XX Limited
Lars Stegmann
ABN 28 077 060 872
Seven Hills, NSW 2147
Australia
Lifesize (Investor Relations)
Paige Padden
London, WC1N 3AX,
United Kingdom
Lifesize (Press Enquiries)
Lucia Schweigert
London, WC1N 3AX,
United Kingdom