The Board of Tasty plc is committed to good corporate governance and accordingly applies the corporate governance guidelines of the QCA Code. Follow this link, for details of how Tasty complies with the QCA Code. View Here
The Board currently comprises two executive directors and two non-executive directors. Board meetings are held on a monthly basis to review and discuss the operating and financial performance of the business and to appraise its progress against budgets and strategic plans. The Board is responsible for reviewing and approving the annual budget, together with major items of capital investment, asset acquisitions and disposals and any senior personnel appointments arising in the year.
The audit committee comprises the two non-executive directors and is chaired by Keith Lassman. It meets at least once a year to consider the reports issued by the company’s auditors in respect of its Annual Report and Accounts and review any material issues arising from the annual audit process. A representative from the company’s external auditors will be in attendance. Executive directors may be in attendance at the meeting but only by invitation. In addition, Keith Lassman is available to the auditors at all times to discuss such matters as and when required. The committee is also responsible for assessing the cost effectiveness of the audit process, together with the ongoing independence of the company’s appointed auditors.
The remuneration committee comprises of Keith Lassman (Non-Executive Chairman) and Adam Kaye (Non-Executive Director).
The Board is responsible for establishing and maintaining the system of internal financial control of the business and places importance on maintaining a strong control environment. The system of internal control is designed to manage rather than eliminate the risk of failure to achieve business objectives.
Board of Directors
Keith Lassman (Non Executive)
Daniel Jonny Plant (Joint Chief Executive Officer)
Samuel Kaye (Joint Chief Executive Officer)
Adam Kaye (Non Executive Director)
Secretary and Registered Office
32 Charlotte Street
Keith Lassman (Non Executive Chairman)
Adam Kaye (Non Executive Director)
Keith Lassman – Non-executive Chairman
Keith is a senior partner in the corporate finance department of London law firm, Howard Kennedy and brings considerable experience to the Board in a broad range of corporate finance transactions including acquisitions, disposals and capital raising. He is also Deputy Chairman of the EIS Association and a member of the Securities Institute.
As the senior non-executive director and Chairman, Keith is responsible for leading the Board in its discussions and deliberations.
Jonny Plant – Joint Chief Executive Officer
Jonny is a graduate in Accounting & Finance who converted to Property, Valuation & Law at City University. He joined a London-based commercial surveying practice in 1991, qualified as a Chartered Surveyor in 1994 and for seven years was involved with valuation, general agency, and landlord and tenant matters. Jonny gained particular expertise in the retail and catering sectors especially through extensive restaurant acquisition for Wagamama. In 1998, Jonny joined Alan Yau and was in charge of commercial operations, new projects and property matters for the company. While there he project managed and opened numerous Thai, Chinese and dim sum restaurants.
Jonny has overall responsibility for all aspects of the day to day running of the restaurant operations and also for the longer term strategic direction of the company. He adopts a hands-on approach to expanding the business by leading the new site selection process.
Samuel Kaye – Joint Chief Executive Officer
Sam studied catering at Westminster College, London and in 1993, founded ASK Central plc with his brother Adam. The first ASK restaurant was opened at Haverstock Hill in 1993. ASK Central plc was sold in 2004.
Sam has responsibility for central kitchen and menu development and devising new concepts or brands. He also deals with suppliers with regard to negotiation of terms for food and drink purchases.
Adam Kaye – Non-executive Director
Adam founded ASK Central plc with his brother Sam in 1993. Adam studied catering at Westminster College, London and subsequently worked at City Centre Restaurants, before opening the first ASK restaurant at Haverstock Hill in 1993. ASK Central plc was sold in 2004. Adam brings considerable operational experience to his supporting role at regular board meetings.
Nominated broker & adviser:
Cenkos Securities plc
6.7.8 Tokenhouse Yard
London EC2R 7AS
BDO Stoy Hayward LLP
8 Baker Street
London W1U 3LL
Tel +44 (0) 207 486 5888
19 Cavendish Square
London W1A 2AW
115 Park Street
London W1K 7DY
Computershare Investor Services plc
P O Box 82
Bristol BS99 7NH
Tel +44 (0)870 703 6066
Information on this section of the website was last updated on 16 October 2018.