NYSE
On November 16, 2004, Signet moved its listing of American Depositary Shares to the New York Stock Exchange (NYSE), and became subject to NYSE listing rules and corporate governance standards. Under those rules, Signet must disclose any significant ways in which its corporate governance practices differ from those required by the NYSE listing standards. The Board is committed to achieving a high level of corporate governance and monitors compliance with such rules as applicable to foreign registrants. Signet complies with the Combined Code and the statement of UK corporate governance standards, and its practices do not differ significantly from the corporate governance standards set forth in section 303A of the NYSE Listed Company Manual, with the following exceptions:
Nominating and Corporate Governance Committee - NYSE Rule 303A.04 requires all members of the nominating and corporate governance committee to be independent, whereas the Combined Code and the terms of reference for Signet’s Nomination and Corporate Governance Committee only require a majority of such members to be independent. As is normal practice in the UK, the Chairman of the Board is a member of the Nomination and Corporate Governance Committee, and he is not independent under the Combined Code. The other members of the Nomination and Corporate Governance Committee are independent.
Compensation Committee - NYSE Rule 303A.05 requires all members of the compensation committee to be independent. The Chairman of the Board is a member of the Remuneration Committee (equivalent to a compensation committee) and he is not independent under the Combined Code. The other members of the Remuneration Committee are independent.
Annual Financial Statement requirements
Signet submitted its form 20-F to the SEC on May 4, 2007. A copy can be viewed on the SEC EDGAR system.
All shareholders are entitled to receive, upon request, a hard copy of the Company's full Report & Accounts (including audited financial statements and financial footnotes) by ordering one here. Also available is the summary Financial Statement and Annual Review.