Principle 2 – Understanding Shareholder Needs and Expectations

Principle 2 – Understanding Shareholder Needs and Expectations2018-09-28T16:41:08+00:00

The Board is committed to maintaining good communications with its institutional and private shareholders. The Company provides regular updates on operational matters together with price sensitive information which is released to the market via the Regulatory News Service (RNS) under the guidance of the Company’s nomad, SP Angel Corporate Finance LLP. The Company website also allows shareholders and prospective shareholders to register for automatic news alerts for both regulatory announcements and non-regulatory news and is updated regularly.

The Company also regularly presents at a number of well attended oil & gas investor forums, such as the London Oil Capital Conference, as well as other international conferences of note. The corporate presentations from such conferences are made available to investors via the Company website. Tower also subscribes to the VOX Markets IR platform and periodically record podcasts which are uploaded to the Company website of industry commentator’s interviews with the CEO. The Company does not currently utilise social media as part of its IR strategy, but this may be reviewed in the future should it complement existing IR efforts.    

The Company encourages all shareholders to attend its Annual General Meeting where they can meet and question the Directors and express ideas or concerns. Shareholders are also welcome to write or speak to (by phone appointment) any of the Directors, subject to commercial confidentiality and regulatory restrictions. In addition, shareholder communications are also dealt with via the Company’s nominated advisor and broker, SP Angel Corporate Finance LLP.