Corporate governance is a framework of rules, practices and processes by which a company is governed. It is a system of checks, balances and internal controls, whereby the functions, rights and responsibilities for the company’s operations are distributed amongst its main governing bodies, ensuring that the interests of the company’s shareholders, its board, its management and other stakeholders are balanced, while advancing the company’s goals.
Angler Gaming plc (“the Company” or “Angler Gaming”) is a public limited liability company registered and headquartered in Malta and listed on Spotlight Stock Market in Stockholm, Sweden (“Spotlight Market”). In 2019 the Company was amongst the very first few companies to have been accepted from the start to the Next Segment of Spotlight Market. Next is a segment of the Spotlight Market where companies conform to higher demands and aim to take the next steps in their growth journey.
Angler Gaming places corporate governance at the very core of its operations, recognising its importance for the Company’s sustainable, responsible, and efficient operations. Good corporate governance is instrumental for achieving long-term sustainable success and creating value for the shareholders of the Company, while safeguarding interests of the company’s employees, customers, other stakeholders, and the community.
The governance, management and control of Angler Gaming is divided among the shareholders, the Board of Directors (“the Board”) and the executive management of the Company headed by the CEO, in accordance with the applicable regulatory framework, as outlined in the Corporate Governance Report (“CG Report”). The CG Report is not a comprehensive summary of all the applicable rules; it provides a list of the most relevant sources of corporate governance rules and briefly sums up the most relevant aspects of corporate governance of Angler Gaming. It should be read together with the provisions of Malta’s Companies Act (“the Companies Act”), the Company’s memorandum and articles of association, and other laws and regulations applicable to the Company.
Overview of the regulatory framework
The principal sources of the corporate rules for the Company are Malta’s Companies Act, the Swedish Corporate Governance Code (“the Code”), the Spotlight Stock Market’s Regulations (including the rules applicable to companies listed in the Spotlight Stock Market’s Next Segment), the International Financial Reporting Standards (IFRS), and the applicable European Union legislation, including the Market Abuse Regulation (“MAR”). With respect to the Code, it is a self-regulatory instrument, so companies are not obliged to comply with every rule in the Code at all times, but are allowed the freedom to choose alternative solutions which they feel are better suited to their particular circumstances, as long as they report every deviation, describe the alternative solution they have chosen and explain their reasons for doing so.
In addition to the external regulatory framework, internally the regulatory framework consists primarily of the Company’s Articles of Association (“the Articles”), the Charter of the Board of Directors, the CEO instructions, the Insider Policy and various internal policies and procedures. This Corporate Governance Report should be read together with all laws, codes and rules applicable to the Company and is only intended as a summary of the most important parts of corporate governance as practised by Angler Gaming.
For full information about corporate governance in Angler Gaming, please refer to the Corporate Governance Report forming part of the Annual Report.