IoD & William Fry - UK Corporate Governance Code 2018 - Key Changes for Directors

On 16th July 2018, the Financial Reporting Council (FRC) published a revised UK Corporate Governance Code. This new Code is substantially changed from previous versions with an increased emphasis on company culture and an updated set of Principles that emphasize the value of good corporate governance to long-term sustainable success.

Following the publication of the 2018 UK Governance Code, we partnered with William Fry to run a dedicated event for IoD members, which will be focused on the following:

1. The key changes in the revised Code that directors need to be aware of.
2. The practical steps directors can take to ensure compliance.

Sincere thanks to William Fry for kindly sponsoring the event.

Registration

Continental breakfast will be served from 7.30am with the briefing beginning at 8.00am sharp.

Places will be allocated on a first come basis.

CPD: IoD events may be eligible for CPD, including Chartered Director CPD, please check with your relevant professional body

David is active in all fields of corporate and commercial law, with a particular emphasis on corporate acquisitions and disposals, public takeovers and mergers, stock exchange matters, equity capital markets transactions and private equity matters. Significant transactions include advising:

• Smurfit Kappa Group on all aspects of its response to two unsolicited offers received from International Paper Company
• The Department of Finance of Ireland on all aspects of the capital reorganisation of AIB and subsequent €3.4bn IPO of AIB (the largest European IPO in 2017)
• Glanbia Co-operative on the spin-out of the shares of Glanbia plc to the members of the Co-operative and the placing of shares of Glanbia plc by the Co-operative (total proceeds c. €380m)
• The Department of Finance of Ireland on the HoldCo re-organisations of each of Bank of Ireland and AIB 
• Glanbia Co-operative on the creation of Glanbia Ingredients Ireland (a joint-venture with Glanbia plc) and the subsequent acquisition of a majority interest in Glanbia plc's Dairy Ireland business and formation of Glanbia Ireland
• King Digital Entertainment (the maker of Candy Crush) on its IPO on NYSE and subsequent US$5.9bn takeover by Activision Blizzard
• Forest Laboratories on its US$28bn merger with Actavis plc

David is listed in Best Lawyers 2019 under 'The Best Lawyers in Ireland' for work in Capital Markets Law, Corporate Governance & Compliance Practice and Corporate Law.

Mark is a Partner in William Fry’s Corporate Department specialising in public and private Mergers & Acquisitions and Equity Capital Markets transactions. Mark also advises on securities regulation under the Irish Market Abuse, Transparency and Prospectus regimes and on the Irish Takeover Rules, and has experience of advising clients in relation to the Central Bank of Ireland’s administrative sanctions procedures in the context of securities regulation. Mark’s recent experience includes acting for:

• Smurfit Kappa Group on all aspects of its response to two unsolicited offers received from International Paper Company 
• The Department of Finance on a number of capital markets mandates relating to the State's investments in the Irish banking sector, including the €3.4bn IPO by the Minister for Finance of a 28.75% stake in Allied Irish Banks (AIB), the Holdco reorganisations of AIB and Bank of Ireland and the 2015 capital restructuring of AIB
• The underwriters/bookrunners on the IPOs of Dalata Hotel Group, Greencoat Renewables and Glenveagh Properties
• The underwriters/bookrunners on various follow-on offerings by Green REIT, Dalata Hotel Group, Malin Corporation, Greencoat Renewables and Glenveagh Properties
• King Digital Entertainment on its US$7.1bn listing on the New York Stock Exchange
• Hasbro on the acquisition of Dublin-based animation studio, Boulder Media and on the sale of its Irish manufacturing business to Cartamundi

Mark is listed in Best Lawyers 2019 under 'The Best Lawyers in Ireland' for work in Capital Markets Law.

A full-service top-tier Irish law firm, William Fry delivers a client-focused service that combines legal excellence and commercial expertise.

With offices in London, New York and San Francisco, William Fry offers client companies and directors a global perspective with unrivalled local knowledge on a wide range of issues such as corporate governance, compliance, director duties, mergers and acquisitions, shareholder disputes and reputation management as well as employment issues, data privacy and other matters.

To find out more - please visit us at www.williamfry.com