Horacio Furman, non-executive Director, and Mark Wainwright, Acting Chief Executive, have independently decided not to stand for re-election at the Annual General Meeting. They were each appointed in 2011 as non-executive Directors. It appears that they placed an over-reliance on the former management which was with hindsight misplaced. They have selected not to take their remuneration from 1 July 2014 and have sacrificed their options. However, I have found them to be helpful and I am grateful to them for having acted appropriately in their respective capacities since my appointment, challenging my proposals and supporting my actions
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