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AIM Rule 26

The following information is being disclosed for the purposes of AIM Rule 26:

  • Description of the Business

    Altus Strategies Plc is a UK based and London AIM traded (AIM: ALS) mineral exploration project generator with a focus on Africa.

    The Company is growing a diversified portfolio of mineral exploration projects, some of which at any given time may be the subject to joint ventures with third parties, where those joint venture parties may earn an interest in the project in return for funding its exploration and development costs.

    (Last updated 10 August 2017)

  • Company Directors and Biographies

    Please click here for a list of the Company's directors and their biographies.

    (Last updated 10 August 2017)

  • Responsibilities of the Board of Directors

    Please click here for a description of the responsibilities of the members of the board of directors.

    (Last updated 10 August 2017)

  • Audit Committee

    The Audit Committee comprises David Netherway and Robert Milroy and is chaired by Robert Milroy.The Audit Committee is expected to meet at least twice a year and otherwise as required.

    It has responsibility for ensuring that the financial performance of the Company is properly reported on and reviewed, and its role includes monitoring the integrity of the financial statements of the Company (including annual and interim accounts and results announcements), reviewing internal control and risk management systems, reviewing any changes to accounting policies, reviewing and monitoring the extent of the non-audit services undertaken by external auditors and advising on the appointment of external auditors. The Audit Committee has unrestricted access to the Company’s external auditors.

    (Last updated 10 August 2017)

  • Remuneration Committee

    The Remuneration Committee is comprised of David Netherway and Robert Milroy and is chaired by Robert Milroy. It is expected to meet not less than once a year and at such other times as required. A non-executive director must be present at the meeting to form a quorate and the Committee may consult with the Company’s Chief Executive as appropriate, save for in respect of the remuneration of the Company’s Chief Executive. The Remuneration Committee has responsibility for determining, within the agreed terms of reference, the Company’s policy on the remuneration packages of the Company’s Chief Executive, the Chairman, the Executive and Non-Executive directors, the Company Secretary and other senior executives. The Remuneration Committee also has responsibility for: (i) recommending to the Board a compensation policy for directors and executives and monitoring its implementation; (ii) approving and recommending to the Board and the Company’s shareholders, the total individual remuneration package of the Chairman, each executive and non-executive director and the Chief Executive (including bonuses, incentive payments and share options or other share awards); and (iii) approving and recommending to the Board the total individual remuneration package of the Company Secretary and all other senior executives (including bonuses, incentive payments and share options or other share awards), in each case within the terms of the Company’s remuneration policy and in consultation with the chairman of the Board and/or the Chief Executive. No Director or manager may be involved in any discussions as to their own remuneration.

    (Last updated 10 August 2017)

  • Country of Incorporation and Main Countries of Operation

    The Company is registered in England and Wales, having been incorporated on 28 April 2017 under the UK Companies Act 2006 with registered number 10746796 and the name Altus Resources Plc. The Company changed its name to Altus Strategies Plc on 06 June 2017.

    The Company acquired the entire issued share capital of Altus Exploration Management Ltd (a company incorporated on 18 July 2007, which changed its name from Altus Strategies Ltd on 28 May 2017) via a share-for-share exchange with the shareholders of Altus Exploration Management Ltd, which occurred on 14 June 2017.

    The Company has a number of subsidiaries as described on the structure page (please click here to view), including operations in Cameroon, Ethiopia, Morocco, Liberia and Ivory Coast.

    The Company's administration headquarters are in the UK.

    The Company is subject to the UK City Code on Takeovers and Mergers.

    Please click here to view our Corporate Governance page.

    (Last updated 10 August 2017)

  • Current Constitutional Documents

    Please click here for the Company’s Articles of Association.

    (Last updated 10 August 2017)

  • Trading of Securities

    The Company's shares were admitted to trading on the AIM Market of the London Stock Exchange on 10 August 2017 (trading symbol "ALS").

    (Last updated 10 August 2017)

     

  • AIM Securities in Issue and Holdings of Significant Shareholders

    Please click here for the number of AIM securities in issue and the percentage of AIM securities not held in public hands.

    Please click here for the identity and percentage holding of the Company's significant shareholders.

    (Last updated 10 August 2017)

  • Restrictions on the Transfer of Shares

    There are currently no restrictions on the transfer of shares.

    (Last updated 10 August 2017)

  • Company Reports

    Please click here for the Company's Full Year Results for the 12 months to 31st December 2016.

    The Company’s Interim Report for the six months ended 30th June 2017 are not yet available.

    Please click here to view all of the Company's reports for the last 3 years. 

    (Last updated 10 August 2017)

  • RNS Announcements

    Please click here for a list of all the Company's RNS announcements released in the last 12 months.

    (Last updated 10 August 2017)

  • AIM Admission Document

    Please click here for the Company's AIM admission document.

    (Last updated 10 August 2017)

  • Key Advisers

    Please click here for details of the Company's Nominated Adviser and other key advisers to the Company.

    (Last updated 10 August 2017)

VAT Registered: 997347650

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