Investor and media enquiries
The registered office takes correspondence for all five companies. For anything price-sensitive please write rather than telephone, so that there is a record of what was asked and when.
- 08:30 to 16:30
- Closed
- Closed
Investor and governance questions
Ownership, the board, how the companies are financed, related-party dealings and where to find the audited accounts.
Who owns Ucorpora?
Fifty-eight per cent is held by the founding family through a single named vehicle, twenty-two per cent by two institutional shareholders and the balance by about four hundred individual holders. The full substantial-shareholder list is in the annual accounts with the percentages.
How independent is the board?
Four of the seven directors are independent by the local governance code, the audit committee is chaired by one of them, and the roles of chairman and chief executive have been separate since 2009. Attendance at every meeting is published per director.
Where are the audited accounts?
In the statements section, as filed, for every year since 2004, unedited. The related-party schedule is in the accounts with amounts rather than described in a note, and directors’ remuneration is given per individual.
Do the companies trade with each other?
Yes. About half the packaging company’s output goes to the other three, priced at a published internal rate reviewed annually by the audit committee. That rate and the volumes are in the related-party schedule.
When are results published?
On the dates in the reporting calendar, which have not moved since 2011. Results appear at seven in the morning and the managing directors are available from nine to answer questions about their own companies.