This year has seen a number of changes and challenges, and our people and business have shown great resilience throughout. We start 2024 refocused and well set to rebuild stakeholder value.
Restore provides specialist solutions to enable organisations to work faster, reducing cost, work more securely and more sustainably.
We are the UK’s leading provider in integrated information and data management, business digitisation, secure recycling of paper and technology assets, and commercial relocation solutions.
Investment case
Restore provides a compelling investment case with high growth potential and strong resilience characteristics. Set out below are highlights of the investment rationale.
AIM Rule 26 Information
Restore plc is a company incorporated in England and Wales and was registered in September 2004 with registered number 05169780. The main country of operation is the United Kingdom.
The information is being disclosed for the purposes of AIM Rule 26. The page was last updated on 22 January 2024.
Company information and Business description
Please click here for Company information and details of our business description.
Directors
Please click here for details of the Company’s Board of Directors.
Corporate governance
Please click here for details of our corporate governance last updated in February 2024.
Advisers and registrars
Please click here to see information regarding our advisers.
Exchange/trading platform
The securities of Restore plc are traded on AIM operated by the London Stock Exchange plc. Restore plc is subject to the UK City Code on Takeovers and Mergers.
Securities in issue
As at 22 January 2024 Restore plc had in issue 136,924,067 ordinary shares. No shares are held in treasury. Insofar as the Company is aware, the percentage of ordinary not in public hands is 14.6%.
Significant shareholders
Please click here to see our significant shareholders as at 5 March 2024.
Share restrictions
There are no restrictions on the transfer of Restore plc shares.
Historic reports & accounts and presentations
If you would like to receive hard copies of our latest annual report please contact us at: [email protected]
Regulatory news
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Corporate governance
The Board ensures that the Group is managed for the long-term benefit of all shareholders with corporate governance being an essential part of this. It remains focused on activities where it can generate excellent returns with strong visibility. It is a leader in its primary activities, and it has an impressive track record of strengthening its market position.
Jamie Hopkins
Chair
The Board has adopted the Quoted Companies Alliance (QCA) Corporate Governance Code in line with the London Stock Exchange’s AIM Rules requiring all AIM-listed companies to adopt and comply with a recognised corporate governance code. Our report sets out in broad terms how we comply at this point in time.
Statement of Compliance with the QCA Corporate Governance Code
We will provide annual updates on our compliance with the Code.
Audit Committee
The Company’s Audit Committee is responsible for monitoring the integrity of the financial statements of the Company, advising on appropriate accounting policies and reviewing management judgements. It is also responsible for reviewing effectiveness of internal control and approving the external audit plan and reviewing the effectiveness of the external auditor, PricewaterhouseCoopers LLP.
The Audit Committee consists of Susan Davy as Chair and the other independent Non-Executive Director.
Remuneration Committee
The Group’s Remuneration Committee is responsible for determining the remuneration policy for the Executive Directors and senior management, as well as its implementation over time, with the aim of ensuring that this supports the delivery of the Group’s strategy. The Committee is committed to adhering to good practice for executive pay and pay reporting, and to reflecting any changes which may be required as a result of changing regulation, legislation, or best practice.
The Remuneration Committee consists of Lisa Fretwell as Chair and the other independent Non-Executive Director.
Nomination Committee
The principal responsibility of Restore’s Nomination Committee is to lead the process for Board appointments and to make recommendations for maintaining an appropriate balance of skills on the Board. The Board and Nomination Committee undertake regular assessments of management to ensure that they maintain a successful strategy in order that succession plans are in place.
The Nomination Committee consists of Jamie Hopkins and the Non-Executive Directors. The Committee is chaired by Jamie Hopkins unless the matter under discussion is his own succession. It is also assisted by executive search consultants as and when required.
Date | Events |
---|---|
31st December 2023 | Financial Year End |
18th January 2024 | Trading Update |
14th March 2024 | Full Year Results 2023 |
16th May 2024 | Trading Update & Annual General Meeting |
July/August 2024 | Half Year Results 2024 |
Advisors
Company Secretary
Chris Fussell
Restore plc
7 – 10 Chandos Street
London W1G 9DQ
Tel: 020 7409 2420
Email: [email protected]
Auditors and Reporting Accountants
PricewaterhouseCoopers LLP
1 Embankment Place
London WC2N 6RH
Tel: 020 7583 5000
Investor Relations Consultants
RMS Partners
160 Fleet Street
London EC4A 2DQ
Tel: 020 3735 6551
Financial and Tax Advisers
KPMG
15 Canada Square
Canary Wharf
London E14 5GL
Registrars
Link Asset Services
Unit 10, Central Square
29 Wellington Street, Leeds, LS1 4DL
Tel: 0871 664 0300*
From outside the UK: +44 (0) 371 664 0300
Email: [email protected]
* Calls cost 12p per minute plus network extras.
Lines are open Monday-Friday 9.00am – 5:30pm
Public Relations
FTI Consulting
200 Aldersgate
London EC1A 4HD
Tel: 020 3727 1340
Nominated Adviser and Broker
Investec
Tel: 0207 597 5970
Joint Corporate Broker
Canaccord Genuity
Tel: 0207 523 8000
Solicitors to the Company
Fieldfisher LLP
17th Floor
No. 1 Spinningfields
1 Hardman Square
Manchester M3 3EB
Tel: 0161 835 8010
SAIL address
Link Group
Unit 10, Central Square
29 Wellington Street
Leeds LS1 4DL