The Board recognises that a high level of corporate governance is critical to ensuring the promotion of the Company’s long-term sustainable success.

The Company is a closed-ended investment company, and has appointed its subsidiary SIML as Investment Manager. The Board’s role includes determining and monitoring the Company’s investment policy and strategic objectives, and overseeing the Investment Manager’s execution of the strategy to ensure the delivery of the Company’s long-term sustainable growth. 

Further information on our approach to Corporate governance can be found in the Corporate governance report in the latest full year Annual Report and Accounts.

Division of responsibilities

  • Seeks to ensure the long-term sustainable success of the Company.
  • Sets purpose, strategy and values and seeks to ensure the culture of the business is aligned.
  • Recommends the investment policy to shareholders.
  • Oversees and supports the Investment Manager in its execution of the investment strategy to ensure that it continues to promote the long-term sustainable success of the Company.
  • Reviews portfolio performance considering the investment policy and strategic objectives.
  • Approves transactions with significant value or involving borrowing.
  • Robustly assesses the principal risks facing the Company and its risk appetite and defines the risk management process.
  • Ensures appropriate engagement with shareholders and other stakeholders.
  • Sets the Sustainability Policy for the business.

  • Chair the Board and general meetings of the Company, including setting the agenda of such meetings, ensuring that adequate time is allowed for discussion of all agenda items and that complex or contentious issues are effectively dealt with and that the Board receives accurate, timely and clear information.
  • Lead the Board and be responsible for its overall effectiveness in directing the company in conformity, promoting the highest standards of integrity, probity and corporate governance throughout the Company and particularly at Board level.
  • Promote a culture of openness and debate, facilitate the effective contribution of all of the directors of the Company, acting as a sounding board for, and more broadly support and advise, the senior members of the management team, particularly on proposals on strategy.
  • Ensure that the performance of the Board, its committees and individual directors is evaluated at least once a year and regularly review and agree with each director their training and development needs and address the development needs of the Board as a whole.
  • Regularly consider succession planning and the composition of the Board.
  • Ensure effective communication with shareholders of the Company and that all directors are made aware of the major shareholders' issues and concerns.
  • Lead all governance matters to ensure they are conducted in accordance with best practice.

  • Work closely with the Chair, acting as a sounding board, providing advice and support in the delivery of their objectives.
  • Act as an intermediary for the other directors, being available for confidential discussions to address concerns that cannot be raised in an open forum or with the Chair directly, and calling meetings of the other directors (without the Chair) if they consider it necessary.
  • Lead the process for the evaluation of the performance of the Chair taking into account the views of the other directors and ensure that meetings with the directors are held at least annually, without the Chair present, to appraise the Chair's performance.
  • Lead the planning for the orderly succession of the Chair’s role and chair the Nomination Committee when it is considering an orderly succession process for the Chair's role.
  • Considering, and approving on behalf of the Board, any potential outside interests of the Chair.
  • Act as an alternative contact for shareholders of the Company if they have reason for concern that contact through the normal channels of Chair has failed to resolve or for which such contact is inappropriate.
  • Attend sufficient meetings with major shareholders to obtain a balanced understanding of their issues and concerns.

  • Manages the Company’s investment portfolio in line with the investment policy and the long-term sustainable success of the Company.
  • Ensures the culture of the business is in accordance with the purpose, strategy and values approved by the Board.
  • Ensures appropriate resources are available to manage the investment portfolio and support the Syncona business.
  • Reports to the Board on portfolio performance.
  • Monitors the risks and reports to the Board making recommendations in relation to risk appetite.
  • Implements the risk and control processes and reports on these to the Board.
  • Engages with stakeholders in line with the approach agreed by the Board.
  • Implements the Syncona Sustainability Policy.
  • Ensuring compliance with regulatory obligations of an investment manager.

Syncona legal disclaimer

Please read the below disclaimer carefully. You will be asked to accept these terms and conditions before proceeding.

The information on this website is directed only at persons who are shareholders in Syncona Limited (the “Company”) and is provided for their exclusive use and benefit.

Users of this website are responsible for observing all applicable laws and regulations in their relevant jurisdictions before proceeding to access the information contained herein. By proceeding to access the information, users are deemed to be representing and warranting that the applicable laws and regulations of their relevant jurisdiction allow them to do so. No information, materials or opinions contained on this website (“Materials”) constitute or would be deemed to constitute a recommendation or invitation in any jurisdiction to invest or otherwise deal in the shares of the Company (the “Shares”).

The website that you are seeking to access does not constitute an offer to buy or sell the securities mentioned in the website in any jurisdiction or jurisdictions in which such offers or sales are unlawful prior to registration or qualification under the securities laws of any such jurisdiction. In particular, the securities mentioned in the website have not been and will not be registered under the United States Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold in the United States absent registration or exemption from registration under the Securities Act and other securities laws. There will be no public offer of these securities in the United States. Offers and sales of these securities, and distribution of the related information, may also be subject to restrictions in other jurisdictions.

The website that you are seeking to access is not directed at and may not be viewed by or distributed to persons:

  • in the United States or who are U.S persons (as defined in Rule 902 under the Securities Act);

or

  • located in a jurisdiction where it is not lawful to access the materials.

The Materials are provided on an “as is” and “as available basis” and do not purport to be full or complete. The Company and its affiliates believe that the source of the Materials is reliable however they cannot and do not guarantee, either expressly or implicitly, and accept no liability for, the accuracy, validity, timeliness, merchantability or completeness of any information or data (whether prepared by the Company, its affiliates or by any third party) for any particular purpose or use or that the information or data will be free from error. The Company and its affiliates do not undertake any responsibility for any reliance which is placed by any person on any statements or opinions which are expressed herein. Neither the Company, nor any of its affiliates, directors, officers or employees will be liable or have any responsibility of any kind for any loss or damage that any person may incur resulting from the use of this information.Nothing contained in this website constitutes financial, investment, legal, tax or other advice and is not to be relied on in making an investment or other decision. You should obtain relevant and specific professional advice before making any investment decision.

The Materials on this website are provided for your personal use and informational purposes only and are subject to change without notice. The Company has the right to suspend or withdraw the provision of all or any of the website of the Materials without prior notice at any time.

The value of investments mentioned in this site, and the income from them may go down as well as up and investors may not get back the amount invested. Information on past performance, where given, is not a guide to future performance. Changes in rates of exchange between currencies may cause the value of investments to decrease or increase.
The Company is a registered closed-ended collective investment scheme registered pursuant to the Protection of Investors (Bailiwick of Guernsey) Law, 1987, as amended (the ‘‘POI Law’’) and the Registered Collective Investment Scheme Rules 2008 (the ‘‘CIS Rules’’) issued by the Guernsey Financial Services Commission (the ‘‘GFSC’’). Neither the GFSC nor the States of Guernsey Policy Council take any responsibility for the financial soundness of the Company or for the correctness of any of the statements made or opinions expressed with regard to it.

Copyright

Copyright of all images and text in this website is owned by or licensed to the Company or one of its affiliates unless otherwise noted. You may imprint, copy, download or temporarily store extracts from this website for your personal information and use. Any other use is prohibited unless you first request and obtain the prior written consent of the Company. You may not alter or otherwise make any changes to any material that you print or download from this website, including, without limitation, removing any identifying marks or legends from such material. In particular, you may not copy or use any part of this website on any other website, or link any other website to this website, without the prior written permission of the Company. You may not use the website for any purpose which is unlawful, abusive, libellous, obscene or threatening.

No warranty

The Materials contained in this website are provided without any warranty of any kind, either expressed or implied, to the fullest extent permissible pursuant to applicable law. Neither the Company nor its affiliates assume any responsibility for the uninterrupted availability of this website or warrant that it will be error-free, that defects will be corrected, or that this website or the servers that make it available will be free of viruses or other harmful components.

Liability waiver

You agree that under no circumstances, including, but not limited to, negligence, shall the Company or any of its affiliates be liable for any special or consequential damages that result from the access or use of, or the inability to access or use, the Materials on this website. This does not exclude or restrict any duty or liability that the Company has to its customers under the regulatory system in the United Kingdom or Guernsey.

Privacy policy

This policy sets out what the Company and its affiliates do with any personal information collected from this website.

Any personal information collected from this website will be processed in accordance with relevant data protection laws.

You may use the public areas of this website without providing the Company or its affiliates with any personal information and the Company and its affiliates do not monitor or collect any personal information through your access to the public areas of this website. The Company and its affiliates do not use cookies to collect information but may gather other anonymous information to assist in improving the services.

If you chose to provide the Company and its affiliates with personal information, this information will only be used for the purposes of the service that you have requested. The Company and its affiliates will not sell or transfer any personal information to third parties without your permission, other than as required by law.

The Company and its affiliates are not responsible for the content or privacy policies of websites to which this website may link.

The Company and its affiliates are committed to protecting your personal information but in the event that the system is infiltrated by unauthorised third parties the Company and its affiliates will not be liable for any resulting misuse of personal information.

Linked sites

The Company has not reviewed any website linked to this website and is not responsible for the contents of off-site pages or any other websites linked or linking to this website. If you follow any links from this website you do so at your own risk.

Links to this website may not be established without the prior written consent of the Company.

Governing law

The terms and conditions of this legal notice shall be governed by and construed in accordance with the laws of Guernsey. Users of this website agree that any dispute or action arising out of or relating to these terms or any user’s use of this website shall be commenced only in the courts located in Guernsey, and users of this website hereby consent and submit to the exclusive jurisdiction of such courts for the purposes of any such dispute or action.

By accessing Materials on this website you agree to be bound by the foregoing limitations.