Effective corporate governance embraces the principles of fairness, accountability, transparency and integrity, while still cultivating a spirit of entrepreneurship. The Richland Resources group’s corporate governance policies are inspired by the principles set out in The Combined Code on Corporate Governance (United Kingdom). More specifically, policies relating to directors, remuneration, investor relations, accountability and audits, sustainability reporting and risk management are all guided by the principles of good governance as set out in The Codes.
The company is incorporated in Bermuda and is not subject to the UK City Code on Takeovers and Mergers. There is no equivalent to the UK City Code on Takeovers and Mergers in Bermuda but there are provisions in Articles 14 to 16 of the Company’s Bye-Laws relating to limitations on the right to hold voting securities and proportional bid approval. The Company’s Bye-Laws are available by clicking this link