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Governance

The Directors are responsible for the overall management and control of Oakley Capital Investments. The Directors review the operations of OCI at regular quarterly board meetings.

The Company has established an audit committee, risk committee and management engagement committee each with formally delegated duties and responsibilities. The entire Board of Directors is responsible for other functions including portfolio management, nomination and remuneration decisions.

Audit Committee

The Audit committee determines the terms of engagement of the Company’s auditors and determines, in consultation with the auditors, the scope of the audit and monitors the external auditor’s independence and objectivity.

The Audit Committee is involved in monitoring the integrity of the Company’s financial statements in discussion with the auditor, as well as reviewing internal financial controls.

View the Terms of Reference here

Risk Committee

The purpose of the Risk Committee is to provide oversight of the risk management process for the Company and ensure that risks are identified, assessed, monitored and mitigated in accordance with its risk appetite.

The Committee also plays a central role in ensuring that material emerging risks, which have the potential to affect the Company, are identified in a timely manner and managed in an appropriate manner.

View the Terms of Reference here

Management Engagement Committee

The purpose of the Management Engagement Committee is to review on a regular basis the appointment remuneration and performance of the key service providers to the Company. For the avoidance of doubt, the Committee will not review the performance of the Company’s auditor.

View the Terms of Reference here

Corporate Governance

The Directors recognise the importance of sound corporate governance and have chosen to comply with the Association of Investment Companies (AIC) Code of Corporate Governance (the “AIC Code”). Pursuant to Rule 26 of the AIM Rules for Companies, details of the Company’s compliance with (or, where applicable, its departure from) the principles of the AIC Code are available here. 

AIM Rule 26

The below text carries the information required by AIM Rule 26 or links to other pages where it appears.

Description of business: see About Us

Country of incorporation and main country of operation: Bermuda, Company Number: 40324. The rights of OCI shareholders may differ from the rights of shareholders of a company incorporated in the UK.

Directors biographies: see Board of Directors

Corporate Governance Arrangements: see Statement of Compliance with the AIC Code of Corporate Governance

Board Committees: see above, Governance

Constitutional documents: see Publications/Other Publications

Exchanges: Oakley Capital Investments shares are traded on the Alternative Investment Market (AIM) of the London Stock Exchange

AIM securities in issue: As at 30 May 2019, the company holds no ordinary shares in treasury, therefore the number of ordinary shares in issue is 204,399,936

The percentage of AIM securities not in public hands: As at 30 May 2019, the percentage was 52.69%

Restrictions on transfer: see Shares Information

Significant shareholdings: see Shares Information

Annual and interim reports: see Publications/Reports & Presentations

Announcements: see News

Latest admission document: see Admission Document

UK takeover code: Oakley Capital Investments is subject to the UK City Code on Takeovers and Mergers

NOMAD and other advisers: see Advisers

 

The information on this page was last updated on 30 May 2019

Investment Adviser