Investor Relations

Close Brothers Group plc
Registered Office:
10 Crown Place
London EC2A 4FT

Company Number: 520241

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Corporate Governance

Close Brothers Group plc is committed to high standards of corporate governance, corporate responsibility and risk management in directing and controlling the business. The principal governance rules applying to UK companies listed on the London Stock Exchange are contained in the Combined Code on Corporate Governance adopted by the Financial Reporting Council published in June 2006 (“the Code”). The company has complied with the provisions of the Code throughout the year ending 31 July 2009 except:

  • At least half of the board excluding the chairman were not independent. An additional independent non-executive director was recruited in November 2008 to correct this imbalance.
  • The remuneration and audit committees consisted of only two independent directors. A third independent non-executive was appointed to these committees in November 2008.
  • The former chairman was a member of the Remuneration Committee.