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- Overview
- Business review
- US competitive strengths
- US marketplace
- US operating review
- UK competitive strengths
- UK operating review
- UK marketplace
- Description of properties & Group employees
- Key performance indicators
- Group financial review
- Risk and other factors
- Forward-looking statements
- Impact of general economic conditions
- Staff
- Short term variations
- Reputation and marketing
- Long term changes
- Store portfolio
- Competition
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- Raw materials and the supply chain
- Seasonality
- Social, ethical and environmental risks
- Internal controls and systems
- Legal actions
- Regulatory requirements
- US GAAP and IFRS
- Listing and domicile
- Acquisitions
- Pensions
- Equity and debt financing
- Financial market risks
- Corporate governance
- Financial statements
- Shareholder information
Risk and other factors
Listing and domicile
Reflecting changes in the ownership of the Group’s shares, the Board regularly reviews the appropriate primary listing and domicile of the Company. If these were to change, certain shareholders may no longer be able to hold shares in the Company due to their investment mandate, while other holders may choose not to hold a non-UK listed or domiciled company. In addition, the Board may also take into account the primary stock market listing of the Company when evaluating the dividend policy. As a result the share price may be affected by such a change or by the possibility of such a change. Any change to the listing or domicile would require a 75% majority of those voting on such a resolution.