About Us

Corporate governance

We are committed to openness and transparency. Corporate governance is a key component of ensuring that our robust strategy delivers results to its full potential.

Etalon Group was originally incorporated under Guernsey law with Global Depositary Receipts (GDRs) admitted to the Official List of the UK Listing Authority and to trading on the London Stock Exchange under the ticker ETLN.  On 15 December 2016 an Extraordinary General Meeting of shareholders held at Redwood House, St Julian’s Avenue, St Peter Port, Guernsey approved the change of domicile of the Company. As a result of the re-domicile, Etalon Group has migrated from Guernsey, and its name has been removed from the Guernsey Register of Companies.

From 5 April 2017 the Company is registered in Cyprus under the name ETALON GROUP PUBLIC COMPANY LIMITED with registration number HE 368052 and registered office at Arch. Makariou III, 2-4 CAPITAL CENTER, 9th floor 1065, Nicosia, Cyprus. At the Annual General Meeting held on 27 July 2017, the Company’s name was altered from ETALON GROUP PUBLIC COMPANY LIMITED to ETALON GROUP PLC.

The Board of Directors continues to be committed to maintaining the highest standards of corporate governance and to conducting Board business with openness and transparency. Management of Etalon’s business is delegated to the Board, who act in accordance with the Company’s Statutory documents, resolutions passed by shareholders at General Meetings and applicable provisions of current legislation. The Company also complies with the relevant sections of the Financial Conduct Authority’s Listing Rules, Prospectus Rules and Disclosure and Transparency Rules.

Further, the Board recognises that it has a responsibility to set the correct ethical tone for the rest of the Etalon organisation to follow.

Corporate Governance Structure

Subject to Etalon Group's Statutory documents, applicable current legislation and to any directions given by ordinary resolution of the Company's shareholders, our business and affairs are managed by the Board of Directors, who are responsible for promoting the success of the Company by directing and supervising the Company's affairs. We also have a Strategy Committee, an Audit Committee, a Remuneration and Nomination Committee, an Information Disclosure Committee, and an Executive Committee – Management Board. The Executive Committee is responsible for the implementation of strategic decisions made by the Board, and the management of day-to-day operations.


Board Committees

The Board of Directors has delegated certain of its responsibilities to five Board Committees: the Strategy Committee, the Audit Committee, the Remuneration and Nomination Committee, the Information Disclosure Committee, and the Executive Committee – Management Board. The five Committees report back to the Board after each meeting and make recommendations to the Board for approval in accordance with their respective terms of reference.

Last updated: 18 December 2018