Key Shareholders

The Company’s issued share capital consists of 27,749,389 ordinary shares with a nominal value of 10 pence each (“Ordinary Shares”), each share having equal voting rights.

The interests in excess of 3.0% of the issued ordinary share capital of the Company which have been notified as at 31 December 2016 were as follows, representing 62.5% of the total issued ordinary share capital:

 

Ordinary shares of 10p each

Number

Percentage of ordinary shares %

Octopus Investments

3,423,270

12.3

Employee Benefit Trust

2,220,400

8.0

Standard Life Investments

1,882,776

6.8

River and Mercantile Asset Management

1,728,627

6.2

Directors of the company

1,651,504

5.9

Hargreave Hale – Stockbrokers

1,400,000

5.1

Legal and General Investment

1,300,610

4.7

Invesco Perpetual

1,141,310

4.1

Living Bridge

875,634

3.2

Slater Investments

862,465

3.1

Investec Asset Management

852,357

3.1

 

The shareholding for Directors of the company disclosed above excludes shares held under the Company’s Joint Share Ownership Plan (JSOP) in which they are beneficial co-owner of shares. Details of such shareholdings are given in the Report on Directors’ remuneration.

In accordance with the AIM Rule 26 in so far as the Company is aware, the percentage of the Company’s issued share capital that is not in public hands is 3,871,904 and 13.9% respectively. This percentage comprises the holdings of Directors of the company and the Employee Benefit Trust (the Company’s Joint Share Ownership Plan).