Company and Share Information
Description of business: The ReThink Group is a UK-based, specialist recruitment, consultancy and managed services group.
Please click here for names, responsibilities and biographies of our directors.
Country of Incorporation: England and Wales
Main country of operation: England
Details of any other exchanges or trading platforms on which the AIM company has applied or agreed to have its AIM securities admitted or traded: None
AIM securities in issue: 90,906,666 ordinary shares of 0.1p per share
Percentage of AIM securities that are not in public hands: 74.3%
Significant shareholders:
| Jonathan Russell Butterfield | 13.31% |
| Michael John Bennett | 13.31% |
| Iain Philip Blair | 13.31% |
| Andrew Lord | 13.31% |
| John Eugene O’Sullivan | 6.91% |
| Starwood Strategic Investments Limited | 6.60% |
Details of any restrictions on the transfer of AiM securities: None
All notifications the AIM company has made in the past 12 months: None
Details of committees: Whilst
the Company is not subject to the Combined Code applicable to companies
listed on the Official List, the Directors recognise the importance of
sound corporate governance. The Company intends to comply with the
Corporate Governance Guidelines for AIM Companies as published by the
Quoted Companies Alliance (as far as applicable).
The Directors have established an Audit Committee, Remuneration Committee and Nominations Committee, each with formally delegated rules and responsibilities.
The Audit Committee will normally meet at least twice a year and will determine the terms of engagement of the Company’s auditors and also, in consultation with the auditors, the scope of the audit. The Audit Committee will receive and review reports from the management and the Company’s auditors relating to the interim and annual accounts and the accounting and internal control systems in use throughout the Group.
The Audit Committee will have unrestricted access to and oversee the relationship with the Group’s auditors. The Audit Committee will comprise Patrick Dundon and the non-executive Directors of the Company and will be chaired by John Sadiq.
The Remuneration Committee will normally meet at least once a year and will determine and agree with the Board the scale and structure of the executive Directors’ and senior employees’ remuneration and the terms of their service agreements with due regard to the interests of Shareholders. The Remuneration Committee will also make recommendations to the Board concerning the allocation of share options, share incentives and bonus arrangements to employees. No Director will be permitted to participate in discussions or decisions concerning his own remuneration. The Remuneration Committee will comprise the non-executive Directors and will be chaired by John Sadiq.
The Nominations Committee will meet as required for the purpose of considering new or replacement appointments to the Board. The Nominations Committee will comprise the non-executive Directors and will be chaired by John Sadiq.
