Disclosure
The Company Secretary has been nominated as the person responsible for communications with the Australian Stock Exchange (ASX). The company seeks to provide relevant and timely information to its shareholders and is committed to fulfilling its obligations to the broader market for continuous disclosure. The company aims to ensure timely provision and equal access to material information about the company.
The board has ensured that the procedure for identifying and disclosing material and price sensitive information is in accordance with the Corporations Act 2001 and the ASX Listing Rules. The company does not have a formal written policy regarding disclosure but uses strong communication between the board and management to identify and approve information for disclosure.
Remuneration Policies
The board determines the remuneration of the Managing Director and key executives. The board believes that due to the size of the company, individual salary negotiation is more appropriate than formal remuneration policies.
The board reviews market comparisons in determining remunerations and will seek independent external advice as necessary. The company has an executive option scheme in place that has been previously approved by shareholders.
Non-executive directors are remunerated by way of directors’ fees within the limit approved by shareholders. The board determines fees paid to individual board members. Further information on directors’ and executives’ remuneration is set out in the directors’ report and notes to the financial statements.
Code of Conduct
The company has a formal code of conduct for the board, management and staff. The directors continue to review the business to determine the most effective and appropriate operating procedures. The company continues to review its risk management programs across health, safety and the commercial operations of the business. The company has in place a comprehensive editorial risk management guideline that is used as the main guide within the publishing business.
Other Information
Further information relating to the company’s corporate governance practices has been made publicly available on the company’s website at www.aspermont.com.
The Company Secretary has been nominated as the person responsible for communications with the Australian Stock Exchange (ASX). The company seeks to provide relevant and timely information to its shareholders and is committed to fulfilling its obligations to the broader market for continuous disclosure. The company aims to ensure timely provision and equal access to material information about the company.
The board has ensured that the procedure for identifying and disclosing material and price sensitive information is in accordance with the Corporations Act 2001 and the ASX Listing Rules. The company does not have a formal written policy regarding disclosure but uses strong communication between the board and management to identify and approve information for disclosure.
Remuneration Policies
The board determines the remuneration of the Managing Director and key executives. The board believes that due to the size of the company, individual salary negotiation is more appropriate than formal remuneration policies.
The board reviews market comparisons in determining remunerations and will seek independent external advice as necessary. The company has an executive option scheme in place that has been previously approved by shareholders.
Non-executive directors are remunerated by way of directors’ fees within the limit approved by shareholders. The board determines fees paid to individual board members. Further information on directors’ and executives’ remuneration is set out in the directors’ report and notes to the financial statements.
Code of Conduct
The company has a formal code of conduct for the board, management and staff. The directors continue to review the business to determine the most effective and appropriate operating procedures. The company continues to review its risk management programs across health, safety and the commercial operations of the business. The company has in place a comprehensive editorial risk management guideline that is used as the main guide within the publishing business.
Other Information
Further information relating to the company’s corporate governance practices has been made publicly available on the company’s website at www.aspermont.com.