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Share Structure

Share Structure

Total Number of Shares

Total number of shares in issue as of 8 June 2021 is 21,645,575 ordinary shares of £0.01 each. No shares are currently held in treasury.

Major Shareholders

Shareholding

No. of Shares %

Forest Nominees Ltd

4,361,137 20.24%
ISI Nominees Limited 2,954,554 13.71%
Pershing Nominees Ltd 2,138,964 9.93%
JIM Nominees Ltd 1,815,204 8.42%
The Bank of New York (Nominees) Ltd 1,216,771 5.65%
Nomura PB Nominees Ltd 1,082,426 5.02%
Spreadex Ltd 878,479 4.08%
Vidacos Nominees Ltd 805,740 3.74%

Directors’ Shareholdings

Jeffrey Malaihollo 153,125 ordinary shares of £0.01 each

Alistair Muir 100,000 ordinary shares of £0.01 each

Options

At 8 June 2021, the following share options and warrants had been issued and remained outstanding:

Name

Date of Grant Expiry Date No. of Options Exercise Price

Jeffrey Malaihollo

28/03/17 27/03/22 3,333 £10.80
Australian Special Opportunity Fund, LP 07/11/18 07/11/22 99,569 29p
Australian Special Opportunity Fund, LP 09/05/19 09/05/23 100,000 26p
Australian Special Opportunity Fund, LP 03/04/20 03/04/25 270,000 30p
Others 28/03/17 27/03/22 9,333 £10.80
TOTAL OUTSTANDING OPTIONS 482,235

Name

Date of Grant Expiry Date No. of Options Exercise Price

Jeffrey Malaihollo

28/03/17 27/03/22 6,666 £10.80
Others 28/03/17 27/03/22 4000 £10.80
Total Outstanding Options 10,666

Name

Date of Grant Expiry Date Number of Warrants Exercise Price

Brandon Hill Capital Ltd

02/05/19 31/05/22 127,500 20p
Brandon Hill Capital Ltd 23/01/20 23/01/22 791,667 60p
Brandon Hill Capital Ltd 07/06/20 06/06/23 125,000 40p
Brandon Hill Capital Ltd 14/01/21 13/01/24 180,000 25p
Debt Warrants 07/06/20 06/06/23 85,900 60p
1,310,067
Forest Nominees Ltd 26/05/21 25/05/24 4,000,000 25p
Intertrader 26/05/21 25/05/24 1,741,236 25p
Pello Capital Ltd 26/05/21 25/05/24 1,200,000 25p
Monecor (London) Ltd 26/05/21 25/05/24 1,077,160 25p
RAB Capital Holdings Ltd 26/05/21 25/05/24 818,964 25p
Brandon Hill Ltd 26/05/21 25/05/24 562,640 25p
Brewin Nominees Ltd 26/05/21 25/05/24 400,000 25p
Alistair Muir 26/05/21 25/05/24 100,000 25p
9,900,000
Brandon Hill Ltd 26/05/21 25/05/24 495,000 25p
Strand Hanson Ltd 26/05/21 25/05/24 117,456 35p
612,456
Total Outstanding Warrants 11,822,523

*Debt Warrants are Warrants issued in lieu of debts waived by the company’s professional advisors/suppliers.

Shares not in Public Ownership

The total percentage of shares not in public hands is 35.13%, defined as being beneficial holdings of shares held by shareholders holding above 10% and the directors holdings.