The Directors recognise the importance of sound corporate governance and will, in so far as is practicable given the Company’s size and the constitution of the Board, comply with the main provisions of the QCA Corporate Governance Code.
The Company engages with shareholders through regulatory news that is delivered by London Stock Exchange RNS and that is published on this website. The Company regularly meets with investors face-to-face and by telephone with the Chief Executive, Peter Shaw and Finance Director, Maciej Jania and on occasion the Non-Executive Chairman, Nick Donaldson. The Chief Executive and Non-Executive Chairman are readily contactable by telephone and email. The Company’s broker gathers feedback from investors on a regular basis and communicates that to the Company. The Company accounts for this feedback in its investment and management decisions.
The Company also issues occasional email updates to those signing up on this website to receive them, these updates being a combination of regulatory news and non-regulatory news.
The company engages investor relations companies to promulgate news of the Company, including BRR Media and Proactive Investors. The Chief Executive is responsible for shareholder liaison.
Wider stakeholder engagement and social responsibility
The company operates in Poland through its wholly owned subsidiary DP Polska SA. The board of DP Polska SA has two directors, Peter Shaw and Maciej Jania, Peter Shaw is President of the DP Polska SA Board (Chairman).
The board and management team of DP Polska is focused on delivering a highly competitive offer to its customers and conducts regular market research to understand consumer attitudes towards the Domino’s Pizza brand and its offer and to adjust the offer and brand communications accordingly.
The management team is focused on ensuring that the workforce is delivering against customer expectations through thorough training and proper remuneration and incentivization.
Good relationships with suppliers are very important and our management team is focused on maintaining and improving those relationships.
Poland is a well regulated market and the management team relies on both in-house and external expertise to ensure that the Company’s operations are in compliance with all regulations, corporately and across our company managed stores.
The board has an ethical approach commensurate with both its responsibilities as an AIM listed company and as the master franchisee of an international consumer brand franchise, for which sound ethics are of fundamental importance. The directors hold each other to account in meeting a very high ethical standard in their behaviour and decision making.
The operating company DP Polska SA is involved with its community at the store level, engaging with and supporting local charities, schools and sporting events.
The Directors have established an Audit Committee and a Remuneration Committee with formally delegated rules and responsibilities. The Audit Committee of the Company, comprising Rob Morrish and Nick Donaldson (both non-executive directors) is chaired by Rob Morrish and meets at least twice a year. The Audit Committee is responsible for ensuring that the Company’s financial performance is properly monitored, controlled and reported. It also meets the auditors and reviews reports from the auditors relating to accounts and internal control systems. The Audit Committee meets once a year with the auditors.
The Remuneration Committee of the Company, comprising Rob Morrish, Nick Donaldson and Gerry Ford (all non-executive directors) is chaired by Rob Morrish and sets and reviews the scale and structure of the executive directors’ remuneration packages, including any share based incentives, including a Long Term Incentive Plan, and the terms of their service contracts. The Company’s Share Incentive Plan (SIP) is administered by the Remuneration Committee. The remuneration and the terms and conditions of the non-executive directors are determined by the Chief Executive, in consultation with the Directors, and with due regard to the interests of the Shareholders and the performance of the Group.
Share dealing code
The Company has adopted a share dealing code for Directors’ dealings which is appropriate for an AIM quoted company. The Directors will comply with Rule 21 of the AIM Rules relating to Directors’ dealings and will also take all reasonable steps to ensure compliance by the Company’s applicable employees.
The City Code
The Takeover Code is issued and administered by the Takeover Panel. The Company is subject to the Takeover Code and therefore all Shareholders will benefit from the protections afforded by it.