Corporate Governance

The Board has adopted the Quoted Companies Alliance ('QCA') Corporate Governance Code in line with the recent changes to the AIM Rules of the London Stock Exchange that require all AIM-listed companies to adopt a recognized corporate governance code against which they must comply, or explain why there is any divergence in complying with that code.

The disclosures made within this statement regarding the principles comprising the QCA Corporate Governance Code are anticipated to evolve over time, and we shall provide updates on an annual basis.

The Company’s disclosures on the ten principles of the QCA Corporate Governance Code was last updated on the 15th November 2018 and may be found here.


UK City Code on Takeovers and Mergers

The Company is subject to the UK City Code on Takeovers and Mergers.

Changing global drilling standards in the oil and gas industry by delivering innovative equipment and services which dramatically improve safety and reduce costs.