Braime Group https://braimegroup.com/rss.xml en FINANCIAL HIGHLIGHTS https://braimegroup.com/financial-highlights <span>FINANCIAL HIGHLIGHTS</span> <span><span lang="" about="/user/1" typeof="schema:Person" property="schema:name" datatype="">admin</span></span> <span>Fri, 09/14/2018 - 14:21</span> <div class="field field--name-field-paragraph-financial-highli field--type-entity-reference-revisions field--label-hidden field--items"> <div class="field--item"> <div class="paragraph paragraph--type--financial-highlights paragraph--view-mode--default"> <div class="field field--name-field-title field--type-text field--label-hidden field--item">Full year announcement</div> <div class="field field--name-field-body field--type-text-long field--label-hidden field--item"><h3>Nicholas Braime, Chairman said:</h3> <p>"I am pleased to report that the group's revenue in 2017 rose by 10.7% to £31.4m. After deducting taxes, the profit for 2017 is £1.6m, and is significantly above the result of £0.9m. This improvement is the direct result of the process of continuous investment in both new products and the development and extension of of overseas markets."</p></div> <div class="field field--name-field-table field--type-tablefield field--label-hidden field--item"><div id="tablefield-wrapper-0" class="tablefield-wrapper"> <div class="table-responsive"> <table id="tablefield-0" class="tablefield responsive-enabled table table-hover table-striped" data-striping="1"> <thead> <tr> <th class="row_0 col_0">Year ended 31st December 2017</th> <th class="row_0 col_1">2017 £&#039;000</th> <th class="row_0 col_2">2016 £&#039;000</th> </tr> </thead> <tbody> <tr class="odd"> <td class="row_1 col_0">Revenue</td> <td class="row_1 col_1">31,449</td> <td class="row_1 col_2">28,415</td> </tr> <tr class="even"> <td class="row_2 col_0">Changes in inventories of finished goods and work in progress</td> <td class="row_2 col_1">114</td> <td class="row_2 col_2">337</td> </tr> <tr class="odd"> <td class="row_3 col_0">Raw materials and consumables used </td> <td class="row_3 col_1">(16,955)</td> <td class="row_3 col_2">(15,891)</td> </tr> <tr class="even"> <td class="row_4 col_0">Employee benefits costs</td> <td class="row_4 col_1">(7,449)</td> <td class="row_4 col_2">(6,726)</td> </tr> <tr class="odd"> <td class="row_5 col_0">Depreciation and amortisation expense</td> <td class="row_5 col_1">(803)</td> <td class="row_5 col_2">(801)</td> </tr> <tr class="even"> <td class="row_6 col_0">Other expenses</td> <td class="row_6 col_1">(4,015)</td> <td class="row_6 col_2">(3,940)</td> </tr> <tr class="odd"> <td class="row_7 col_0">Profit from operations</td> <td class="row_7 col_1">2,341</td> <td class="row_7 col_2">1,394</td> </tr> <tr class="even"> <td class="row_8 col_0">Finance expense</td> <td class="row_8 col_1">(143) </td> <td class="row_8 col_2">(150)</td> </tr> <tr class="odd"> <td class="row_9 col_0">Finance income</td> <td class="row_9 col_1">3</td> <td class="row_9 col_2">30</td> </tr> <tr class="even"> <td class="row_10 col_0">Profit before tax</td> <td class="row_10 col_1">2,201 </td> <td class="row_10 col_2">1,274</td> </tr> <tr class="odd"> <td class="row_11 col_0">Tax expense</td> <td class="row_11 col_1">(621)</td> <td class="row_11 col_2">(419)</td> </tr> <tr class="even"> <td class="row_12 col_0">Profit for the year </td> <td class="row_12 col_1">1,580 </td> <td class="row_12 col_2">855</td> </tr> <tr class="odd"> <td class="row_13 col_0">Profit attributable to:</td> <td class="row_13 col_1"></td> <td class="row_13 col_2"></td> </tr> <tr class="even"> <td class="row_14 col_0">Owners of the parent</td> <td class="row_14 col_1">1,719 </td> <td class="row_14 col_2">932</td> </tr> <tr class="odd"> <td class="row_15 col_0">Non-controlling interests</td> <td class="row_15 col_1">(139) </td> <td class="row_15 col_2">(77)</td> </tr> <tr class="even"> <td class="row_16 col_0"></td> <td class="row_16 col_1">1,580</td> <td class="row_16 col_2">855</td> </tr> <tr class="odd"> <td class="row_17 col_0">Basic and diluted earnings per share</td> <td class="row_17 col_1">109.73p</td> <td class="row_17 col_2">59.34p</td> </tr> </tbody> </table> </div> </div></div> <div class="field field--name-field-text field--type-text-long field--label-hidden field--item"><p><strong>Group Financial Highlights</strong></p> <p>Record turnover and total dividend up from 9.30p to 10.20p</p> <ul><li>Group revenue at a record level of £31.4 million (2016: £28.4 million)</li> <li>Pre-tax profits at £2.2 million (2016: £1.3 million)</li> <li>Earnings before interest, tax, depreciation and amortisation (EBITDA) at £3.1 million (2016: £2.2 million)</li> <li>Basic and diluted earnings per share at 109.73p (2016: 59.34p)</li> <li>Cash balances increased to £1.0 million (2016: £0.7 million)</li> <li>Bank borrowings of £1.0 million (2016: £1.1 million)</li> <li>The board is recommending a second interim dividend of 7.10p per share (2016: 6.40p) to the holders of Ordinary and 'A' Ordinary shares, an increase of 10% on 2016</li> </ul><p><strong>Operating Highlights</strong><br />  </p></div> <div class="field field--name-field-operating-highlight field--type-entity-reference-revisions field--label-hidden field--items"> <div class="field--item"> <div class="paragraph paragraph--type--operating-highlight paragraph--view-mode--default"> <div class="field field--name-field-title field--type-text field--label-hidden field--item">Braime Pressings Limited - revenue has increased although profitability remains unchanged</div> <div class="field field--name-field-body field--type-text-long field--label-hidden field--item"><ul><li>Revenue of £7.4 million up 18% (2016: £6.2 million)</li> <li>Intercompany revenue has grown to £3.2 million (2016: £2.7 million) reflecting growth in materials handling division</li> <li>Focus for the manufacturing division is process improvement to improve productivity</li> <li>Investment in new equipment will result in productivity gains in the coming year<br />  </li> </ul></div> </div> </div> <div class="field--item"> <div class="paragraph paragraph--type--operating-highlight paragraph--view-mode--default"> <div class="field field--name-field-title field--type-text field--label-hidden field--item">The materials handling division (4B group) has seen revenue grow to £32.5 million (2016: £29.3 million)</div> <div class="field field--name-field-body field--type-text-long field--label-hidden field--item"><ul><li>Revenue of £32.5 million up 11% (2016: £29.3 million)</li> <li>Intercompany activity £5.1m (2016: £4.4 million)</li> <li>Continued penetration in home markets</li> </ul></div> </div> </div> <div class="field--item"> <div class="paragraph paragraph--type--operating-highlight paragraph--view-mode--default"> <div class="field field--name-field-title field--type-text field--label-hidden field--item">Central costs have decreased to £0.2 million (2016: £0.5 million) as a result of increased rental charges to operating subsidiaries.</div> </div> </div> <div class="field--item"> <div class="paragraph paragraph--type--operating-highlight paragraph--view-mode--default"> <div class="field field--name-field-title field--type-text field--label-hidden field--item">Outlook - Continued growth in materials handling particularly agricultural commodities. Careful strategy to manage costs in manufacturing.</div> </div> </div> </div> </div> </div> <div class="field--item"> <div class="paragraph paragraph--type--financial-highlights paragraph--view-mode--default"> <div class="field field--name-field-title field--type-text field--label-hidden field--item">Interim announcement</div> <div class="field field--name-field-body field--type-text-long field--label-hidden field--item"><h3>Nicholas Braime, Chairman said:</h3> <p>"I am pleased to report that the group's revenue for the first six months of 2018 rose by 16% to £18.1m, while profit before tax increased by 96% to £1.16m, compared to the same period last year."</p></div> <div class="field field--name-field-table field--type-tablefield field--label-hidden field--item"><div id="tablefield-wrapper-0" class="tablefield-wrapper"> <div class="table-responsive"> <table id="tablefield-0" class="tablefield responsive-enabled table table-hover table-striped" data-striping="1"> <thead> <tr> <th class="row_0 col_0">For the six months ended 30th June 2018</th> <th class="row_0 col_1">Unaudited 6 months to 30th June 2018 £&#039;000</th> <th class="row_0 col_2">Unaudited 6 months to 30th June 2017 £&#039;000</th> </tr> </thead> <tbody> <tr class="odd"> <td class="row_1 col_0">Revenue</td> <td class="row_1 col_1">18,069</td> <td class="row_1 col_2">15,540</td> </tr> <tr class="even"> <td class="row_2 col_0">Changes in inventories of finished goods and work in progress</td> <td class="row_2 col_1">558</td> <td class="row_2 col_2">(36)</td> </tr> <tr class="odd"> <td class="row_3 col_0">Raw materials and consumables used</td> <td class="row_3 col_1">(10,332)</td> <td class="row_3 col_2">(8,414)</td> </tr> <tr class="even"> <td class="row_4 col_0">Employee benefits costs</td> <td class="row_4 col_1">(3,287)</td> <td class="row_4 col_2">(3,637)</td> </tr> <tr class="odd"> <td class="row_5 col_0">Depreciation expense</td> <td class="row_5 col_1">(305)</td> <td class="row_5 col_2">(369)</td> </tr> <tr class="even"> <td class="row_6 col_0">Other expenses</td> <td class="row_6 col_1">(3,522)</td> <td class="row_6 col_2">(2,426)</td> </tr> <tr class="odd"> <td class="row_7 col_0">Profit from operations</td> <td class="row_7 col_1">1,181</td> <td class="row_7 col_2">658</td> </tr> <tr class="even"> <td class="row_8 col_0">Finance costs</td> <td class="row_8 col_1">(19)</td> <td class="row_8 col_2">(68)</td> </tr> <tr class="odd"> <td class="row_9 col_0">Finance income</td> <td class="row_9 col_1">-</td> <td class="row_9 col_2">2</td> </tr> <tr class="even"> <td class="row_10 col_0">Profit before tax</td> <td class="row_10 col_1">1,162</td> <td class="row_10 col_2">592</td> </tr> <tr class="odd"> <td class="row_11 col_0">Tax expense</td> <td class="row_11 col_1">(340)</td> <td class="row_11 col_2">(179)</td> </tr> <tr class="even"> <td class="row_12 col_0">Profit for the period</td> <td class="row_12 col_1">822</td> <td class="row_12 col_2">413</td> </tr> <tr class="odd"> <td class="row_13 col_0">Profit attributable to:</td> <td class="row_13 col_1"></td> <td class="row_13 col_2"></td> </tr> <tr class="even"> <td class="row_14 col_0">Owners of the parent</td> <td class="row_14 col_1">830</td> <td class="row_14 col_2">448</td> </tr> <tr class="odd"> <td class="row_15 col_0">Non-controlling interests</td> <td class="row_15 col_1">(8)</td> <td class="row_15 col_2">(35)</td> </tr> <tr class="even"> <td class="row_16 col_0"></td> <td class="row_16 col_1">822</td> <td class="row_16 col_2">413</td> </tr> <tr class="odd"> <td class="row_17 col_0">Basic and diluted earnings per share </td> <td class="row_17 col_1">57.08p</td> <td class="row_17 col_2">28.72p</td> </tr> </tbody> </table> </div> </div></div> <div class="field field--name-field-text field--type-text-long field--label-hidden field--item"><p><strong>Group Financial Highlights</strong></p> <ul><li>Dividend is increased from 3.1p to 3.5p per share for both Ordinary and 'A' Ordinary Shares.</li> <li>Group revenue at £18.1 million (2017: £15.5 million)</li> <li>Earnings before interest, tax, depreciation and amortisation (EBITDA) at £1.5 million (2017: £1.0 million)</li> <li>Basic and diluted earnings per share at 57.08p (2017: 28.72p)</li> <li>Cash reinvested in equipment, mainly new manufacturing site in USA</li> <li>Cash balance at 30th June 2018  £981,000 (2017: £13,933)</li> </ul></div> <div class="field field--name-field-operating-highlight field--type-entity-reference-revisions field--label-hidden field--items"> <div class="field--item"> <div class="paragraph paragraph--type--operating-highlight paragraph--view-mode--default"> <div class="field field--name-field-title field--type-text field--label-hidden field--item">Braime Pressings Limited - revenue has increased although profitability remains unchanged</div> <div class="field field--name-field-body field--type-text-long field--label-hidden field--item"><ul><li>Revenue of £4.2 million up 35% (2017: £3.1 million)</li> <li>Intercompany revenue has grown by 40% to £1.6 million (2017: 1.1 million)</li> <li>Investment in new presses and robotic cells</li> </ul></div> </div> </div> <div class="field--item"> <div class="paragraph paragraph--type--operating-highlight paragraph--view-mode--default"> <div class="field field--name-field-title field--type-text field--label-hidden field--item">The materials handling division (4B group) has seen revenue grow to £17.7 million (2017: £15.8 million)</div> <div class="field field--name-field-body field--type-text-long field--label-hidden field--item"><ul><li>Revenue of £17.7 million up 12% (2017: £15.8 million)</li> <li>Intercompany revenue has remained steady at £2.3 million (2017: £2.3 million)</li> <li>Australasia market share is increasing.  China operations opened recently</li> </ul></div> </div> </div> <div class="field--item"> <div class="paragraph paragraph--type--operating-highlight paragraph--view-mode--default"> <div class="field field--name-field-title field--type-text field--label-hidden field--item">Central costs - half year costs increased to £267,000 (2017: £15,000) due to more central costs being retained in Pressings in first half of 2017</div> </div> </div> <div class="field--item"> <div class="paragraph paragraph--type--operating-highlight paragraph--view-mode--default"> <div class="field field--name-field-title field--type-text field--label-hidden field--item">Continued growth in materials handling particularly agricultural commodities. Careful strategy to manage costs in manufacturing</div> </div> </div> </div> </div> </div> </div> Fri, 14 Sep 2018 11:21:18 +0000 admin 74 at https://braimegroup.com AIM RULE 26 DISCLOSURES https://braimegroup.com/aim <span>AIM RULE 26 DISCLOSURES</span> <span><span lang="" about="/user/1" typeof="schema:Person" property="schema:name" datatype="">admin</span></span> <span>Tue, 09/11/2018 - 16:49</span> <div class="field field--name-body field--type-text-with-summary field--label-hidden field--item"><p>T.F. &amp; J.H. Braime (Holdings) P.L.C. is subject to the UK City Code on Takeovers and Mergers. This website complies fully with AIM Rule 26 disclosures, please follow the links provided below to access the information presented:</p> <ul><li><a href="/about-us">A description of the company's business</a></li> <li><a href="/the-board">The names of directors and brief biographical details of each</a></li> <li><a href="/corporate-governance#committees">Details of any committees of the board of directors and their responsibilities</a></li> <li><a href="/contacts">Country of incorporation and main country of operation</a></li> <li><a href="shareholders">Significant shareholders, AIM securities in issue and percentage not in public hands</a></li> <li><a href="/financial-reports">Most recent annual report and similar reports</a></li> <li><a href="/media-contacts">Notifications made to AIM in the last twelve months</a></li> <li><a href="/corporate-governance">Corporate Governance</a></li> <li><a href="/corporate-information">Details of Nominated Adviser and other key advisers</a></li> </ul><p><strong>Current constitutional documents</strong></p> <ul><li><a data-entity-type="file" data-entity-uuid="f24cc527-19ad-4bcb-9703-86cecfcb59ba" href="/sites/default/files/inline-files/Memorandum%20of%20Association.pdf" target="_blank">Memorandum of Association</a></li> <li><a data-entity-type="file" data-entity-uuid="648b8a5d-f04b-4014-bb35-018c3798a578" href="/sites/default/files/inline-files/Articles%20of%20Association.pdf" target="_blank">Articles of Association</a></li> </ul><p><strong>Admission Document and Shareholder Circular</strong></p> <p>Please note that there is no admission document or prospectus available on the website. The company floated on the London Stock Exchange in 1951 and the information contained in the original prospectus is out of date and therefore misleading. The company transferred from the Main Market of the London Stock Exchange to AIM in June 2007. The related Schedule One announcement, as required by the AIM Rules, is included on the website and can be viewed by clicking on the link below:</p> <ul><li><a data-entity-type="file" data-entity-uuid="736d266e-6ad7-4a5d-b7a4-4a353e55ce78" href="/sites/default/files/inline-files/Schedule%20One%20Announcement.pdf" target="_blank">Schedule One Announcement</a></li> <li><a href="/media-contacts">Shareholder Cricular - Proposed Transfer from the Official List to AIM, 30th April 2007</a></li> </ul></div> Tue, 11 Sep 2018 13:49:21 +0000 admin 45 at https://braimegroup.com ABOUT US https://braimegroup.com/about-us <span>ABOUT US</span> <span><span lang="" about="/user/1" typeof="schema:Person" property="schema:name" datatype="">admin</span></span> <span>Mon, 09/10/2018 - 16:01</span> <div class="field field--name-body field--type-text-with-summary field--label-hidden field--item"><p><strong>T.F. &amp; J.H. BRAIME (HOLDINGS) P.L.C.</strong></p> <p>The group is involved in the manufacture of metal presswork and the distribution of bulk material handling components. The group’s history dates back to the formation of Braime Pressings in 1888, originally for the production of oilcans. </p> <p>The group is headquartered in Leeds, United Kingdom, but also trades from locations in France, South Africa, Australia, Thailand, China and the United States.</p></div> <div class="field field--name-field-image field--type-image field--label-hidden field--item"> <img src="/sites/default/files/2018-09/%D0%92%D1%8B%D0%B4%D0%B5%D0%BB%D0%B5%D0%BD%D0%B8%D0%B5_024.png" width="821" height="476" alt="About us" typeof="foaf:Image" class="img-responsive" /> </div> <div class="field field--name-field-text field--type-text-long field--label-hidden field--items"> <div class="field--item"><p> </p> <p><strong>Our strategy</strong></p> <p>The main area of the business is the supply of goods and services for handling and processing industrial, and in particular, agricultural commodities. This sector is currently a growth industry with a global market. Our strategy is to invest in increasing our market reach while continuing to develop new products. We recently launched our latest subsidiary, 4B China, in Changzhou, Jiangsu province of China having closely consulted on local opportunities with our key customers in the region. </p> <p>We continue to enhance features of our secure, cloud based industrial monitoring solution, Hazardmon which is revolutionary for introducing greater levels of transparency and record keeping. <br /> We will continue to investigate new geographical markets.</p> </div> </div> Mon, 10 Sep 2018 13:01:09 +0000 admin 41 at https://braimegroup.com CORPORATE GOVERNANCE https://braimegroup.com/corporate-governance <span>CORPORATE GOVERNANCE</span> <span><span lang="" about="/user/1" typeof="schema:Person" property="schema:name" datatype="">admin</span></span> <span>Mon, 09/10/2018 - 11:06</span> <div class="field field--name-body field--type-text-with-summary field--label-hidden field--item"><p>STATEMENT OF CORPORATE GOVERNANCE</p> <p>At Braime we recognize that high standards of corporate governance underpin our continuing success.</p></div> <div class="field field--name-field-corporate-governance field--type-entity-reference-revisions field--label-hidden field--items"> <div class="field--item"> <div class="paragraph paragraph--type--corporate-governance paragraph--view-mode--default"> <div class="governance-dropdown"> <div class="field field--name-field-title-governance field--type-text field--label-hidden field--item panel-heading" role="tab" id=" collapse-1 "> <h4 class="panel-title"> <p class="governance-title"> Introduction to Governance </p> </h4> </div> <div class="gov-content"> <div id="collapse-1" class="panel-collapse collapse in" role="tabpanel" aria-labelledby="collapse-1"> <div class="field--item panel-body" > <p><strong>Chairman's statement on corporate governance</strong></p> <p>We continually review the framework within which we operate and the processes implemented to ensure that they reflect the complexities of our business and, whilst acknowledging our size, are also capable of adding value as the business grows. The Company seeks guidance from the Quoted Companies Alliance, as set out in their 2018 publication, "The QCA Corporate Governance Code".</p> <p>The board sets out the overall strategic direction for the group, regularly reviews management performance and ensures that the group has the right level of resources available to support our strategic goals. The board is satisfied that the necessary controls and resources are in place such that these responsibilities can be properly addressed.</p> <p>Within the group we promote a culture of good governance in dealing with all key stakeholders: our employees, our customers and our shareholders. Pages 12 and 13 of the annual report describes our corporate governance structures and processes and how they have been applied throughout the year ended 31st December 2017.</p> <p>Nicholas Braime<br /> Chairman</p> </div> </div> </div> </div> <div class="field--item"> <div class="paragraph paragraph--type--corporate-governance paragraph--view-mode--default"> <div class="governance-dropdown"> <div class="field field--name-field-title-governance field--type-text field--label-hidden field--item panel-heading" role="tab" id=" collapse-1 "> <h4 class="panel-title"> <p class="governance-title"> Principles and Approach </p> </h4> </div> <div class="gov-content"> <div id="collapse-1" class="panel-collapse collapse in" role="tabpanel" aria-labelledby="collapse-1"> <div class="field--item panel-body" > <p>As an AIM company, T.F. &amp; J.H. Braime (Holdings) P.L.C. is not required to comply with the UK Corporate Governance Code (the 'Code') which applies only to fully listed UK companies and adherence to which requires the commitment of significant resources and cost. However high standards of Corporate Governance are a key priority of the board and details of how the Company addresses key governance issues are set out in the Corporate Governance section of this website by reference to the 10 principles of Corporate Governance developed by the Quoted Companies Alliance.</p> <p><strong>Companies need to deliver growth in long-term shareholder value. This requires an efficient, effective and dynamic management framework and should be accompanied by good communication which helps to promote confidence and trust.</strong></p> </div> </div> <div class="field field--name-field-company-governance-par field--type-entity-reference-revisions field--label-hidden field--items"> <div id="collapse-1" class="panel-collapse collapse in" role="tabpanel" aria-labelledby="collapse-1"> <div class="field--item panel-body" > <div class="paragraph paragraph--type--corporate-governance-menu paragraph--view-mode--default"> <div class="field field--name-field-governance-menu-title field--type-text field--label-hidden field--item">DELIVER GROWTH</div> <div class="field field--name-field-governance-menu-link field--type-entity-reference-revisions field--label-hidden field--items"> <div class="field--item"> <div class="paragraph paragraph--type--advisers paragraph--view-mode--default"> <div class="field field--name-field-title field--type-text field--label-hidden field--item">1. Establish a strategy and business model which promote long-term value for shareholders.</div> <div class="field field--name-field-advisers-body field--type-text-long field--label-hidden field--item"><p lang="en-GB" xml:lang="en-GB" xml:lang="en-GB"><strong>Application</strong></p> <p lang="en-GB" xml:lang="en-GB" xml:lang="en-GB">The board must express a shared view of the company’ s purpose, business model and strategy and set out how the company intends to deliver shareholder value in the medium to long term. It should demonstrate that the delivery is underpinned by a clear set of values aimed at protecting the company from unnecessary risk and securing its long-term future.</p> <p lang="en-GB" xml:lang="en-GB" xml:lang="en-GB"><strong>Disclosure</strong></p> <p lang="en-GB" xml:lang="en-GB" xml:lang="en-GB">The main area of our business is focused on handling agricultural commodities and our strategy is increase our geographical reach in this global market and to develop new products to enhance our offering. The principal risks and uncertainties surrounding execution of our strategy are set out in the group strategic report of our annual report.</p></div> </div> </div> <div class="field--item"> <div class="paragraph paragraph--type--advisers paragraph--view-mode--default"> <div class="field field--name-field-title field--type-text field--label-hidden field--item">2. Seek to understand and meet shareholder needs and expectations</div> <div class="field field--name-field-advisers-body field--type-text-long field--label-hidden field--item"><p lang="en-GB" xml:lang="en-GB" xml:lang="en-GB"><strong>Application</strong></p> <p lang="en-GB" xml:lang="en-GB" xml:lang="en-GB">Directors must develop a good understanding of the needs and expectations of all elements of the company’s shareholder base. The board must manage shareholder’s expectations and should seek to understand the motivations behind shareholder voting decisions.</p> <p lang="en-GB" xml:lang="en-GB" xml:lang="en-GB"><strong>Disclosure</strong></p> <p lang="en-GB" xml:lang="en-GB" xml:lang="en-GB">The company engages with shareholders through its website and at the annual general meeting. At the AGM, a presentation of the business activity and outlook is presented by the Chairman. The feedback from shareholders attending the most recent AGM has been very positive.  Responsibility for shareholder holder liaison rests with the Chairman, and in his absence, with the Company Secretary.</p> <p lang="en-GB" xml:lang="en-GB" xml:lang="en-GB"> </p></div> </div> </div> <div class="field--item"> <div class="paragraph paragraph--type--advisers paragraph--view-mode--default"> <div class="field field--name-field-title field--type-text field--label-hidden field--item">3. Take into account wider stakeholder and social responsibilities and their implications for long term success</div> <div class="field field--name-field-advisers-body field--type-text-long field--label-hidden field--item"><p lang="en-GB" xml:lang="en-GB" xml:lang="en-GB"><strong>Application</strong></p> <p lang="en-GB" xml:lang="en-GB" xml:lang="en-GB">Long-term success relies upon good relations with a range of different stakeholder groups both internal and external. Communities within which the company operates have the potential to affect the company’s ability to deliver shareholder value. Systems need to be in place to solicit, consider, and act on feedback from all stakeholder groups.</p> <p lang="en-GB" xml:lang="en-GB" xml:lang="en-GB"><strong>Disclosure</strong></p> <p lang="en-GB" xml:lang="en-GB" xml:lang="en-GB">The company recognises the importance of maintaining good relations with key stakeholder groups, in addition to its members, these are its employees, customers, key suppliers and regulatory bodies. The company dedicates significant time to understanding and acting on the needs and requirements of each of these groups via meetings dedicated to obtaining feedback.  The group is fortunate to have so many proactive and longstanding employees and staff turnover remains very low. The group has dedicated quality teams and works very closely with its key suppliers in key product categories such as monitors, chain, belts and steel, to ensure that products continue to meet the appropriate quality standards, and features are regularly enhanced to obtain and maintain competitive edge.</p></div> </div> </div> <div class="field--item"> <div class="paragraph paragraph--type--advisers paragraph--view-mode--default"> <div class="field field--name-field-title field--type-text field--label-hidden field--item">4. Embed effective risk management considering both opportunities and threats</div> <div class="field field--name-field-advisers-body field--type-text-long field--label-hidden field--item"><p lang="en-GB" xml:lang="en-GB" xml:lang="en-GB"><strong>Application</strong></p> <p lang="en-GB" xml:lang="en-GB" xml:lang="en-GB">The board needs to ensure that the companies risk management framework identifies and addresses all relevant risks in order to execute and deliver strategy and to consider the supply chain, from key suppliers to end-customer. Setting strategy should include extend of exposure to the identified risks that the company is able and willing to bear.</p> <p lang="en-GB" xml:lang="en-GB" xml:lang="en-GB"><strong>Disclosure</strong></p> <p lang="en-GB" xml:lang="en-GB" xml:lang="en-GB">The executives have undergone a business continuity planning exercise to understand its exposure to the loss of key staff, suppliers, customers and other natural catastrophic events, enabling the generation of a risk register. Principal risks facing the group are set out in the annual report. Insurance of key risks is an integral part of the group’s risk management framework and the board actively reviews its cover requirements on an ongoing and at least annual basis.</p></div> </div> </div> </div> </div> </div> </div> <div id="collapse-1" class="panel-collapse collapse in" role="tabpanel" aria-labelledby="collapse-1"> <div class="field--item panel-body" > <div class="paragraph paragraph--type--corporate-governance-menu paragraph--view-mode--default"> <div class="field field--name-field-governance-menu-title field--type-text field--label-hidden field--item">MAINTAIN A DYNAMIC MANAGEMENT FRAMEWORK</div> <div class="field field--name-field-governance-menu-link field--type-entity-reference-revisions field--label-hidden field--items"> <div class="field--item"> <div class="paragraph paragraph--type--advisers paragraph--view-mode--default"> <div class="field field--name-field-title field--type-text field--label-hidden field--item">5. Maintain the board as well functioning balanced team led by the chair</div> <div class="field field--name-field-advisers-body field--type-text-long field--label-hidden field--item"><p lang="en-GB" xml:lang="en-GB" xml:lang="en-GB"><strong>Application</strong></p> <p lang="en-GB" xml:lang="en-GB" xml:lang="en-GB">The board members are collectively and legally responsible for promoting the interests of the company and for defining corporate governance arrangements. Ultimately the quality and approach to governance lies with the chair. The board should be provided with timely, quality information to facilitate assessment of matters requiring decision or insight.</p> <p lang="en-GB" xml:lang="en-GB" xml:lang="en-GB">The board should have an appropriate balance between executive and non-executive and have at least two non-executive directors.</p> <p lang="en-GB" xml:lang="en-GB" xml:lang="en-GB"><strong>Disclosure</strong></p> <p lang="en-GB" xml:lang="en-GB" xml:lang="en-GB">The board consists of four executive directors, Nicholas Braime, Carl Braime, Alan Braime and Cielo Cartwright, and two non-executive independent directors, Peter Alcock and Andrew Walker. Their biographies are set out in the company website and annual report.  Board meetings are held monthly. Certain matters are standing agenda items at each board meeting – these include disclosure of directors’ interests, health and safety, reports from the head of the subsidiary businesses, the group finance director's report, specific customer issues, IT, major capital expenditure, and business development.  A formal agenda, board papers including minutes of the last meeting are circulated in advance. <span>The attendance of the directors at board meetings can be found here.</span></p></div> </div> </div> <div class="field--item"> <div class="paragraph paragraph--type--advisers paragraph--view-mode--default"> <div class="field field--name-field-title field--type-text field--label-hidden field--item">6. Ensure that between them the directors have the necessary up-to-date experience, skills and capabilities</div> <div class="field field--name-field-advisers-body field--type-text-long field--label-hidden field--item"><p lang="en-GB" xml:lang="en-GB" xml:lang="en-GB"><strong>Application</strong></p> <p lang="en-GB" xml:lang="en-GB" xml:lang="en-GB">The board must have an appropriate balance of sector, financial, and public markets skills and experience, as well as an appropriate balance of personal qualities and capabilities.</p> <p lang="en-GB" xml:lang="en-GB" xml:lang="en-GB"><strong>Disclosure</strong></p> <p lang="en-GB" xml:lang="en-GB" xml:lang="en-GB">The board member’s experience and areas of expertise can be found in The Board section. The board consists of two independent directors and four executives. The board is committed to the promotion of gender balance and diversity within its workforce. There are currently five male board members and one female board member.</p> <p lang="en-GB" xml:lang="en-GB" xml:lang="en-GB">The company has periodically held briefings for the directors covering regulations that are relevant to their role as directors of an AIM-quoted company.  Historically, these briefings have coincided with significant changes in regulations however going forward the company proposes that such briefings should be held at a minimum on an annual basis.  The company has not to date, sought external advice on keeping directors' skills up to date but the directors believe that their blend of formal qualifications, past and ongoing experience provides them with the relevant up-to-date skills needed to act as board members for a company of its size. </p></div> </div> </div> <div class="field--item"> <div class="paragraph paragraph--type--advisers paragraph--view-mode--default"> <div class="field field--name-field-title field--type-text field--label-hidden field--item">7. Evaluate board performance based on clear and relevant objectives, seeking continuous improvement</div> <div class="field field--name-field-advisers-body field--type-text-long field--label-hidden field--item"><p lang="en-GB" xml:lang="en-GB" xml:lang="en-GB"><strong>Application</strong></p> <p lang="en-GB" xml:lang="en-GB" xml:lang="en-GB">The board should review the effectiveness of its performance as well as that of its committees and directors.</p> <p lang="en-GB" xml:lang="en-GB" xml:lang="en-GB"><strong>Disclosure</strong></p> <p lang="en-GB" xml:lang="en-GB" xml:lang="en-GB">Performance targets are set as part of the budgeting process.  Evaluation of the performance of the company's board has historically been implemented in an informal matter.  From 2018 however, the board will formally review and consider the performance of each director at or around the time of the company's AGM using a process which is currently under development.  The process and its results and recommendations will be published at a future date.  On an ongoing basis, board members maintain a watching brief to identify relevant internal and external candidates who may be suitable additions to or backup for current board members.  However the directors consider that the company is too small to have either an internal succession plan and it would not be cost effective to maintain an external candidate list prior to the need arising. Key performance indicators are set out in the annual report. The role of the various governance committees are set out in the annual report further down this section.</p></div> </div> </div> <div class="field--item"> <div class="paragraph paragraph--type--advisers paragraph--view-mode--default"> <div class="field field--name-field-title field--type-text field--label-hidden field--item">8. Promote a culture that is based on ethical values and behaviours</div> <div class="field field--name-field-advisers-body field--type-text-long field--label-hidden field--item"><p lang="en-GB" xml:lang="en-GB" xml:lang="en-GB"><strong>Application</strong></p> <p lang="en-GB" xml:lang="en-GB" xml:lang="en-GB">The board should embody and promote a corporate culture that is based on sound ethical values and use it as an asset and source of competitive advantage. The policy and culture should be visible. The corporate culture should be recognisable.</p> <p lang="en-GB" xml:lang="en-GB" xml:lang="en-GB"><strong>Disclosure</strong></p> <p lang="en-GB" xml:lang="en-GB" xml:lang="en-GB">The board believes that the promotion of a corporate culture based on sound ethical values and behaviours is essential to maximise shareholder value.  The companies in the group maintain handbooks which include clear guidance on what is expected of every employee and officer of the company and further development of these guidance is being undertaken to continually strive for high standards.  Staff matters are a standing topic at every board meeting and the board discusses examples of behaviours that either aligns with or at odds with the group's stated values. The directors believe that the company's culture encourages collaborative, ethical behaviour which benefits employees, clients and stakeholders.  It is committed to conducting business ethically and responsibly, and treating employees, customers, suppliers and shareholders in a fair, open and honest manner. We aim to maintain healthy and safe working conditions on all our sites and measure our ability to keep employees and visitors safe. We encourage our employees to provide feedback on any issues they are concerned about and the directors maintain a culture of accessibility and fair play and travel extensively to keep in touch with all areas of the business.  The directors believe all employees and contractors have worked in line with the group's values during this financial year.</p> <p lang="en-GB" xml:lang="en-GB" xml:lang="en-GB"> </p></div> </div> </div> <div class="field--item"> <div class="paragraph paragraph--type--advisers paragraph--view-mode--default"> <div class="field field--name-field-title field--type-text field--label-hidden field--item">9. Maintain governance structures and processes that are fit for purpose and support good decision making</div> <div class="field field--name-field-advisers-body field--type-text-long field--label-hidden field--item"><p lang="en-GB" xml:lang="en-GB" xml:lang="en-GB"><strong>Application</strong></p> <p lang="en-GB" xml:lang="en-GB" xml:lang="en-GB">The company should maintain governance structures in line with its corporate culture and appropriate to its size and complexity and its capacity, appetite and tolerance for risk</p> <p lang="en-GB" xml:lang="en-GB" xml:lang="en-GB"><strong>Disclosure</strong></p> <p lang="en-GB" xml:lang="en-GB" xml:lang="en-GB">The board has a number of subcommittees which are described further below. </p> <p lang="en-GB" xml:lang="en-GB" xml:lang="en-GB">The roles of chair and chief executive are fulfilled by Nicholas Braime. This is a departure from the recommendation of the QCA code however the board considers this practical arrangement enables the group to utilise Nicholas’ deep knowledge of the business and his extensive relationships with key stakeholders, whilst at the same time benefiting from his strategic vision. Given the size of the business, the board believes Nicholas is currently best placed to lead the development and execution of the group strategy. In his role as chair, he is ably supported by the two non-executive directors who actively participate in the development of governance structures. The board will continue to assess these structures as the group grows.</p> <p lang="en-GB" xml:lang="en-GB" xml:lang="en-GB">The role of company secretary is fulfilled by Cielo Cartwright, the Group Finance Director. The company secretary liaises with the chair and the independent directors in the preparation of board meetings, including the timely provision of information. The company secretary also acts as a link between the company and shareholders on matters of governance and investor relations. The company is aware that at certain times, it may become necessary to separate the role of executive and secretary and should such events occur, takes the appropriate steps to do so.</p> <p lang="en-GB" xml:lang="en-GB" xml:lang="en-GB">Certain matters are reserved for the board for its consideration. These are set out below in this section.</p></div> </div> </div> </div> </div> </div> </div> <div id="collapse-1" class="panel-collapse collapse in" role="tabpanel" aria-labelledby="collapse-1"> <div class="field--item panel-body" > <div class="paragraph paragraph--type--corporate-governance-menu paragraph--view-mode--default"> <div class="field field--name-field-governance-menu-title field--type-text field--label-hidden field--item">BUILD TRUST</div> <div class="field field--name-field-governance-menu-link field--type-entity-reference-revisions field--label-hidden field--items"> <div class="field--item"> <div class="paragraph paragraph--type--advisers paragraph--view-mode--default"> <div class="field field--name-field-title field--type-text field--label-hidden field--item">10. Communicate how the company is governed and is performing by maintaining a dialogue with shareholders and other relevant stakeholders.</div> <div class="field field--name-field-advisers-body field--type-text-long field--label-hidden field--item"><p lang="en-GB" xml:lang="en-GB" xml:lang="en-GB"><strong>Application</strong></p> <p lang="en-GB" xml:lang="en-GB" xml:lang="en-GB">A healthy dialogue should exist between the board and all its stakeholders. In particular, appropriate communication and reporting should exist between the board and all constituent parts of its shareholder base.</p> <p lang="en-GB" xml:lang="en-GB" xml:lang="en-GB"><strong>Disclosure</strong></p> <p lang="en-GB" xml:lang="en-GB" xml:lang="en-GB">The company's website provides all historical RNS announcements, interim reports and annual reports.  The annual reports and AGM circulars are posted directly to all registered shareholders or nominees.  Communication with shareholder base is primarily conducted at general meetings which include presentations by the chair. Historical annual reports including notices of all general meetings are shown in the investor section.  The company also maintains email and phone contacts which shareholders can use to make enquiries or requests. At the last AGM, all resolutions were passed unanimously by the shareholders voting. </p></div> </div> </div> </div> </div> </div> </div> </div> </div> </div> <div class="field--item"> <div class="paragraph paragraph--type--corporate-governance paragraph--view-mode--default"> <div class="governance-dropdown"> <div class="field field--name-field-title-governance field--type-text field--label-hidden field--item panel-heading" role="tab" id=" collapse-1 "> <h4 class="panel-title"> <p class="governance-title"> Matters Reserved for the Main Board </p> </h4> </div> <div class="gov-content"> <div id="collapse-1" class="panel-collapse collapse in" role="tabpanel" aria-labelledby="collapse-1"> <div class="field--item panel-body" > <p class="li-matters">Directors’ remuneration</p> <p class="li-matters">Recruitment, appointment and termination of directors</p> <p class="li-matters">Acquisition of new businesses</p> <p class="li-matters">Disposal of existing business</p> <p class="li-matters">Material restructure of operations</p> <p class="li-matters">Purchase of land and buildings</p> <p class="li-matters">Significant capital expenditure</p> <p class="li-matters">Changes of shareholding or share structure</p> <p class="li-matters">Change of auditors</p> <p class="li-matters">Change of name of the group</p> <p class="li-matters">Taking up of debentures and mortgages of existing business</p> <p class="li-matters">Change of accounting year end</p> <p class="li-matters">Introduction of bonus schemes</p> <p class="li-matters">Strategic change - incursion into completely new areas of activity</p> <p class="li-matters">Entering into, and settling litigation</p> <p class="li-matters">Approval of the annual report</p> <p class="li-matters">Approval of dividends to be paid by T.F. &amp; J.H. Braime (Holdings) P.L.C.</p> <p class="li-matters">Major changes to the group’s pension scheme</p> <p class="li-matters">Changes to the Memorandum and Articles and Association</p> <p class="li-matters">Consideration of conflicts of interest where permitted by the Articles</p> <p class="li-matters">Approval of key policies (H&amp;S, environmental, political donations, bribery etc)</p> </div> </div> </div> </div> <div class="field--item"> <div class="paragraph paragraph--type--corporate-governance paragraph--view-mode--default"> <div class="governance-dropdown"> <div class="field field--name-field-title-governance field--type-text field--label-hidden field--item panel-heading" role="tab" id=" collapse-1 "> <h4 class="panel-title"> <p class="governance-title"> Board Committees </p> </h4> </div> <div class="gov-content"> <div id="collapse-1" class="panel-collapse collapse in" role="tabpanel" aria-labelledby="collapse-1"> <div class="field--item panel-body" > <p><strong>Nomination committee</strong><br /> The company uses the whole board to consider matters of nomination and succession. The nomination committee ensures there is a robust process for the appointment of new board directors, and works to identify the skills, experience, personal qualities and capabilities required for the next stage in the company’s development, linking the company’s strategy to future changes. The nomination committee also discusses the appointment and replacement of senior management within the group.</p> <p><strong>Remuneration committee</strong><br /> The executive directors’ pay is subject to the decision of the whole board and not of a separate committee. Any significant awards to senior management are also discussed by the whole board. The company’s policy on directors’ remuneration is discussed in the director’s remuneration report in the annual report. The directors consider this is adequate for a group of this size.</p> <p><strong>Audit and Risk committee</strong><br /> The whole board formally receives presentation of audit and risk matters from the group’s independent statutory auditors at least once a year. The consideration of business risks is a standing item on the board’s agenda. The board considers that the size of the group does not justify an internal audit function but continues to assess the requirement for an internal audit function under review.</p> </div> </div> </div> </div> <div class="field--item"> <div class="paragraph paragraph--type--corporate-governance paragraph--view-mode--default"> <div class="governance-dropdown"> <div class="field field--name-field-title-governance field--type-text field--label-hidden field--item panel-heading" role="tab" id=" collapse-1 "> <h4 class="panel-title"> <p class="governance-title"> Statement of Directors' Responsibilities </p> </h4> </div> <div class="gov-content"> <div id="collapse-1" class="panel-collapse collapse in" role="tabpanel" aria-labelledby="collapse-1"> <div class="field--item panel-body" > <p>The directors are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the group, for safeguarding the assets of the company, for taking reasonable steps for the prevention and detection of fraud and other irregularities and for the preparation of a Directors' Report and Directors' Remuneration Report which comply with the requirements of the Companies Act 2006.</p> <p>The directors are responsible for preparing the annual report and the financial statements in accordance with the Companies Act 2006. The directors are also required to prepare financial statements for the group in accordance with International Financial Reporting Standards as adopted by the European Union (IFRSs) and Article 4 of the IAS Regulation.</p> </div> </div> <div class="field field--name-field-company-governance-par field--type-entity-reference-revisions field--label-hidden field--items"> <div id="collapse-1" class="panel-collapse collapse in" role="tabpanel" aria-labelledby="collapse-1"> <div class="field--item panel-body" > <div class="paragraph paragraph--type--corporate-governance-menu paragraph--view-mode--default"> <div class="field field--name-field-governance-menu-link field--type-entity-reference-revisions field--label-hidden field--items"> <div class="field--item"> <div class="paragraph paragraph--type--advisers paragraph--view-mode--default"> </div> </div> </div> </div> </div> </div> </div> </div> </div> </div> Mon, 10 Sep 2018 08:06:15 +0000 admin 33 at https://braimegroup.com CALENDAR https://braimegroup.com/calendar <span>CALENDAR</span> <span><span lang="" about="/user/1" typeof="schema:Person" property="schema:name" datatype="">admin</span></span> <span>Fri, 09/07/2018 - 12:14</span> <div class="field field--name-field-finance-table field--type-tablefield field--label-hidden field--items"> <div class="field--item"><div id="tablefield-wrapper-0" class="tablefield-wrapper"> <div class="table-responsive"> <table id="tablefield-0" class="tablefield responsive-enabled table table-hover table-striped" data-striping="1"> <thead> <tr> <th class="row_0 col_0">Date</th> <th class="row_0 col_1">Title</th> </tr> </thead> <tbody> <tr class="odd"> <td class="row_1 col_0">29th April 2019 (tbc)</td> <td class="row_1 col_1">Preliminary results</td> </tr> <tr class="even"> <td class="row_2 col_0">2nd May 2019 (tbc)</td> <td class="row_2 col_1">Ex-dividend date</td> </tr> <tr class="odd"> <td class="row_3 col_0">20th June 2019 (tbc)</td> <td class="row_3 col_1">Annual General Meeting</td> </tr> <tr class="even"> <td class="row_4 col_0">17th May 2019 (tbc)</td> <td class="row_4 col_1">Dividend payment date - first interim</td> </tr> <tr class="odd"> <td class="row_5 col_0">20th September 2019 (tbc)</td> <td class="row_5 col_1">Interim results</td> </tr> <tr class="even"> <td class="row_6 col_0">3rd October 2019 (tbc)</td> <td class="row_6 col_1">Ex-dividend date</td> </tr> <tr class="odd"> <td class="row_7 col_0">18th October 2019 (tbc)</td> <td class="row_7 col_1">Dividend payment date - second interim</td> </tr> </tbody> </table> </div> </div></div> </div> Fri, 07 Sep 2018 09:14:16 +0000 admin 26 at https://braimegroup.com ISSUED CAPITAL & MAJOR SHAREHOLDERS https://braimegroup.com/shareholders <span>ISSUED CAPITAL &amp; MAJOR SHAREHOLDERS</span> <div class="field field--name-body field--type-text-with-summary field--label-hidden field--item"><p>Securities in issue as at 31st January 2019:</p> <h3>Securities in issue</h3> </div> <span><span lang="" about="/user/1" typeof="schema:Person" property="schema:name" datatype="">admin</span></span> <span>Fri, 09/07/2018 - 11:55</span> <div class="field field--name-field-paragraph-issue-capital field--type-entity-reference-revisions field--label-hidden field--items"> <div class="field--item"> <div class="paragraph paragraph--type--issued-capital- paragraph--view-mode--default"> <div class="field field--name-field-issued-capital-table field--type-tablefield field--label-hidden field--item"><div id="tablefield-wrapper-0" class="tablefield-wrapper"> <div class="table-responsive"> <table id="tablefield-0" class="tablefield responsive-enabled table table-hover table-striped" data-striping="1"> <thead> <tr> <th class="row_0 col_0"></th> <th class="row_0 col_1">£</th> </tr> </thead> <tbody> <tr class="odd"> <td class="row_1 col_0">480,000 Ordinary shares of 25p each</td> <td class="row_1 col_1">120,000</td> </tr> <tr class="even"> <td class="row_2 col_0">1,200,000 &#039;A&#039; Ordinary shares of 25p each</td> <td class="row_2 col_1">300,000</td> </tr> <tr class="odd"> <td class="row_3 col_0"></td> <td class="row_3 col_1">420,000</td> </tr> </tbody> </table> </div> </div></div> <div class="field field--name-field-body field--type-text-long field--label-hidden field--item"><p>There has been no change to the authorised or allotted share capital since 31st December 2009.</p> <p>The capital reserve arose on the listing of the Company’s shares on the London Stock Exchange and the cancellation of the 180,000 5% Cumulative Preference shares at a redemption price of £1.125 per share. The foreign exchange reserve relates to the differences arising on the re-translation of overseas subsidiaries consolidated within the group financial statements. The retained earnings reserve includes the accumulated profit and losses of the group.</p> <h3>Shares not in public hands</h3> <p>44.77% of the Ordinary shares are not held in public hands.</p> <h3>Directors’ interest and substantial shareholding in Ordinary voting shares</h3> <p>The significant shareholdings detailed below were last updated on 31st January 2019.</p></div> </div> </div> <div class="field--item"> <div class="paragraph paragraph--type--issued-capital- paragraph--view-mode--default"> <div class="field field--name-field-issued-capital-table field--type-tablefield field--label-hidden field--item"><div id="tablefield-wrapper-0" class="tablefield-wrapper"> <div class="table-responsive"> <table id="tablefield-0" class="tablefield responsive-enabled table table-hover table-striped" data-striping="1"> <thead> <tr> <th class="row_0 col_0">Directors’ shares</th> <th class="row_0 col_1">Holding</th> <th class="row_0 col_2">Percentage</th> </tr> </thead> <tbody> <tr class="odd"> <td class="row_1 col_0">Mr. O. N. A. Braime</td> <td class="row_1 col_1">143,400</td> <td class="row_1 col_2">29.88%</td> </tr> <tr class="even"> <td class="row_2 col_0">Mr. P. J. O. Alcock</td> <td class="row_2 col_1">1,000</td> <td class="row_2 col_2">0.21%</td> </tr> <tr class="odd"> <td class="row_3 col_0">Mr. A. Walker</td> <td class="row_3 col_1">100</td> <td class="row_3 col_2">0.02%</td> </tr> <tr class="even"> <td class="row_4 col_0">Mr. A. Q. Braime</td> <td class="row_4 col_1">35,175</td> <td class="row_4 col_2">7.33%</td> </tr> <tr class="odd"> <td class="row_5 col_0">Mr. C. O. Braime</td> <td class="row_5 col_1">35,175</td> <td class="row_5 col_2">7.33%</td> </tr> </tbody> </table> </div> </div></div> <div class="field field--name-field-body field--type-text-long field--label-hidden field--item"><p>In addition to the three directors above, the following persons are beneficially interested in more than 3% of the Ordinary shares of the Company:</p></div> </div> </div> <div class="field--item"> <div class="paragraph paragraph--type--issued-capital- paragraph--view-mode--default"> <div class="field field--name-field-issued-capital-table field--type-tablefield field--label-hidden field--item"><div id="tablefield-wrapper-0" class="tablefield-wrapper"> <div class="table-responsive"> <table id="tablefield-0" class="tablefield responsive-enabled table table-hover table-striped" data-striping="1"> <thead> <tr> <th class="row_0 col_0"></th> <th class="row_0 col_1">Ordinary shares held</th> <th class="row_0 col_2">Percentage</th> </tr> </thead> <tbody> <tr class="odd"> <td class="row_1 col_0">Hargreave Hale Nominees Limited A/C LON</td> <td class="row_1 col_1">72,500</td> <td class="row_1 col_2">15.10%</td> </tr> <tr class="even"> <td class="row_2 col_0">Hargreaves Lansdown (Nominees) Limited A/C HLNOM</td> <td class="row_2 col_1">31,877</td> <td class="row_2 col_2">6.64%</td> </tr> <tr class="odd"> <td class="row_3 col_0">Mrs P. V. Smith</td> <td class="row_3 col_1">27,500</td> <td class="row_3 col_2">5.73%</td> </tr> <tr class="even"> <td class="row_4 col_0">Ferlim Nominees Limited Des. POOLED</td> <td class="row_4 col_1">26,083</td> <td class="row_4 col_2">5.43%</td> </tr> <tr class="odd"> <td class="row_5 col_0">W B Nominees Limited A/C ISAMAX</td> <td class="row_5 col_1">19,600</td> <td class="row_5 col_2">4.08%</td> </tr> <tr class="even"> <td class="row_6 col_0">Mr. M. C. J. Barnes</td> <td class="row_6 col_1">16,555</td> <td class="row_6 col_2">3.45%</td> </tr> </tbody> </table> </div> </div></div> </div> </div> </div> Fri, 07 Sep 2018 08:55:50 +0000 admin 25 at https://braimegroup.com