| Governance |
|
Responsibility for the governance of the Company rests with the Board of Directors (“the Board”). The Board has put in place levels of corporate governance which it believes are appropriate to an investment trust and to enable the Company to comply with the Association of Investment Companies’ Code of Corporate Governance. PIP also has an audit committee, comprised of three members of the Board, which is primarily responsible for matters relating to the monitoring of the Company’s financial statements and accounting processes. Governance and director-related reports can be found on the following pages of the Company’s latest Annual Report and Accounts for the period ended 30th June 2011: Directors' Report - Page 37 Statement on Corporate Governance - Page 50 Directors Remuneration Report - Page 57 Statement of Directors' Responsibilities in Respect of the Financial Statements - Page 58 Independent Auditor's Report - Page 59 Link to Annual Report and Accounts for the year ended 30th June 2011 |
| Ordinary Shares | |
| 720.65 GBp -2.85 | PIN |
| Redeemable Shares | |
| 675.00 GBp 0.00 | PINR |
| NAV/Share 1,134.0p at 31 Dec 2011 | |

