The Company's share capital comprises of Ordinary Shares.
75,000,000 Ordinary Shares of 1p each (the “Ordinary Shares”) were in issue following admission on 22 December 2005. 63 Ordinary Shares were allotted with effect from 21 May 2009 and 1,400 Ordinary Shares were allotted on 18 May 2010 in each case following the exercise of warrants. Warrants were issued on admission to shareholders on the basis of one Warrant for every five Ordinary Shares issued. The final exercise period for the Warrants ended on 25 May 2011, and all rights under unexercised warrants lapsed on 9 June 2011.
33,718,446 and 3,782,264 Ordinary Shares were allotted on 8 and 9 August 2016 respectively following the exercise of all Subscription Share Rights.
Subscription Share Rights to subscribe for one Ordinary Share at a fixed price of 61 pence per Subscription Share lapsed after 6 August 2016. Consequently on 8 August 2016 trading on AIM of Subscription Shares ceased and subsequently the Subscription Shares were redeemed and cancelled.
Each Ordinary Share carries one vote and ordinary shareholders are entitled to dividends when declared. Full details of the rights of ordinary shareholders are set out in the Admission Document. Shareholders should be aware that as the company is incorporated in Guernsey these rights may be different to the rights of shareholders in a UK incorporated company.
|Shareholder||No. of Shares Held||Percentage (%)|
|Lazard Asset Management||15,247,695||13.6|
|Hargreaves Lansdown, Stockbrokers (EO)||13,774,287||12.2|
|Miton Asset Management||7,850,000||7.0|
|EFG Harris Allday, stockbrokers||5,588,398||5.0|
|Interactive Investor (EO)||5,406,910||4.8|
|AJ Bell, stockbrokers (EO)||3,627,789||3.2|
|Smith & Williamson Wealth Management||3,576,710||3.2|
The directors and connected persons to the Investment Manager, Ocean Dial Asset Management Limited, held in aggregate 422,990 (0.4%) Ordinary Shares.