The Board is collectively responsible for the long-term success of the Company and provides effective leadership by setting the strategic aim of the Company and overseeing the efficient implementation of these aims to achieve a successful and sustainable business. The Board has a specific list of items and activities that can only be authorised by the full Board and has delegated other matters to the CEO. The QCA Code recommends at least two members of the Board comprise non-executive directors determined by the Board to be independent. The Board on Admission will comprise eight Directors; of whom three are executive and five are non-executive. The Board considers two of the non-executives, being Ian Wright and Andrew Kitchingman, to be independent and, as such, the Company complies with the requirements of the QCA Code in this regard.