Corporate Governance
Corporate Governance
Corporate Governance Statement
Corporate Governance Statement
GEO Exploration Limited (“GEO Exploration” or “the Company”) is committed to maintaining high standards of corporate governance. The Board takes this responsibility seriously and regularly reviews governance practices to ensure alignment with evolving standards.
Corporate governance forms the foundation of the Company’s operations. It involves acting fairly, remaining transparent, and consistently protecting stakeholder interests. These values guide decision-making and foster trust among shareholders, employees, and partners.
Moreover, the Board views governance as part of a broader responsibility. It closely connects to regulatory compliance and ethical business conduct, both of which are central to GEO’s operations.
Governance Code & Practices
Governance Code & Practices
To strengthen this commitment, GEO Exploration has adopted detailed governance policies. Additionally, the Company follows the Quoted Companies Alliance Governance Code – 2018 (“QCA Code”). This Code offers a comprehensive framework for best practices. The Company strives to comply with it as fully as possible, while also considering its size, available resources, and current stage of growth. The QCA Code outlines 10 core principles. GEO Exploration explains below how it applies each principle. In cases where full compliance is not feasible, the Company provides transparent reasoning.
To Remain Aligned With Best Practice, The Board Will Continue To:
- Review & Enhance Our Governance Practices Regularly
- Monitor Global Trends In Corporate Governance
- Adapt Policies When Necessary To Serve Stakeholder Interests
Ongoing Governance Review
Ongoing Governance Review
This approach keeps our governance framework both strong and responsive. It enables us to remain legally compliant while prioritising the best interests of all stakeholders. The most recent review of this statement took place on 25 April 2024. Moving forward, we will continue to review it annually to ensure relevance and effectiveness. To read the full Corporate Governance Statement, please click here.*
The Board Charter outlines the role, duties, and responsibilities of GEO Exploration Limited’s Board, most recently confirmed on 19 October 2021. As a result, it helps Directors clearly understand their obligations. Furthermore, it defines expectations for those who accept or continue in the role. Consequently, this document ensures clarity, consistency, and accountability across Board leadership.
To meet continuous disclosure requirements, the Company follows a dedicated Disclosure Policy. This policy ensures that material information is shared in a timely and accurate way. As a result, it supports investor confidence and complies with AIM Listing Rules. Whenever significant developments occur, GEO ensures that stakeholders are informed quickly and clearly. Thus, the policy strengthens market trust.
The Securities Trading Policy outlines how GEO Exploration’s employees and management may deal in Company securities. Initially approved on 23 April 2013 and updated on 19 October 2021, the policy reflects AIM Listing Rule obligations. Furthermore, it provides a structured approach that promotes ethical and compliant trading. Because insider trading rules are strict, this policy ensures the Company remains fully aligned with legal and ethical standards.
*Date Last Reviewed – 25 April 2024