COMPANIES ACT AND AIM RULES COMPLIANCE

The company’s board comprises the following – please click here for brief biographical details and areas of responsibility:

Stephen Goodyear
(Chairman – non-executive)

Patrick Dardis
(Chief Executive)

Mike Owen
(Chief Financial Officer)

Simon Dodd
(Chief Operating Officer)

Tracy Dodd
(People)

Roger Lambert
(Senior Independent Director – non-executive)

Nick Miller
(Non-executive)

Ian McHoul
(Non-executive)

Torquil Sligo-Young
(Non-executive)

UK CITY CODE ON TAKEOVERS AND MERGERS (THE “CODE”)

The company is subject to the Code.

EXCHANGES OR TRADING PLATFORMS ON WHICH THE COMPANY HAS APPLIED OR AGREED TO HAVE ANY OF ITS SECURITIES ADMITTED OR TRADED

The company’s shares are traded on AIM. There are no other exchanges or trading platforms on which the company has applied or agreed to have its shares admitted or traded.

NUMBER OF SHARES IN ISSUE (INC. TREASURY SHARES)

As at 31 March 2021: 34,404,805 A ordinary shares of 12.5p each and 24,070,755 non-voting ordinary shares of 12.5p each. All shares are fully paid. No shares are held as treasury shares.

PERCENTAGE OF SHARES NOT IN PUBLIC HANDS

So far as the company was aware, as at 19 November 2020, 21.64% of the company’s A shares were not in public hands and 34.05% of the company’s non-voting shares were not in public hands.

IDENTITY AND PERCENTAGE HOLDINGS OF SIGNIFICANT SHAREHOLDERS

So far as the company was aware, as at 19 November 2020 the identity and percentage holdings of the company’s significant shareholders was as follows:

A shares

• Torquil Sligo-Young  ^{(1) (2)} – 12.76% 
• James Young ⁽¹⁾ – 11.20%
• Caroline Chelton ⁽¹⁾– 10.09%
• Octopus Investments Limited – 9.56%
• James Sharp & Co – 7.74%
• BlackRock Investment Limited – 4.51%
• Canaccord Genuity Wealth Management – 4.30%
• Lindsell Train Limited – 3.97%
• Charles Stanley & Co Limited – 3.73%
• Polar Capital LLP – 3.53%
• Alice Parasram ⁽²⁾ – 3.30%

⁽¹⁾     A 9.35% holding is common across Torquil Sligo-Young, James Young and Caroline Chelton

⁽²⁾     A 2.43% holding is common across Torquil Sligo-Young, Alice Parasram and a third party

Non-voting shares

• Invesco Asset Management – 18.02%
• Lindsell Train Limited – 13.05%
• Soros Fund Management LLC – 9.11%
• James Sharp & Co – 8.20%
• NFU Mutual Unit Managers Limited – 5.96%
• Janus Henderson Investors – 5.22%
• Jupiter Asset Management Limited – 3.55%
• BlackRock Investment Management Limited – 3.35%

HOLDINGS OF VOTING RIGHTS NOTIFIED UNDER THE DISCLOSURE AND TRANSPARENCY RULES SOURCEBOOK

As at 19 November 2020, the company had been notified of the following holdings of 3% or more of the voting right in the company:

• Torquil Sligo-Young – 12.76% 
• James Young – 11.20%
• Caroline Chelton- 10.09%
• Octopus Investments Nominees Limited – 9.23%
• Canaccord Genuity Group Inc. – 5.5521%
• BlackRock Investment Management (UK) Ltd – <5.00%
• Lindsell Train Limited – 4.892%
• Alice Parasram – 3.30%

STOCKBROKERS

J.P. Morgan Securities plc of 25 Bank Street, London E14 5JP

Panmure Gordon (UK) Ltd of One New Change, London EC4M 9AF

NOMINATED ADVISER

J.P. Morgan Securities plc of 25 Bank Street, London E14 5JP

REGISTRAR

Computershare Investor Services PLC of The Pavilions, Bridgwater Road, Bristol BS99 6ZZ

AUDITOR

Ernst & Young LLP of 1 More London Place, London SE1 2AF

BANKS

Royal Bank of Scotland Group plc of Corporate Banking London, 280 Bishopsgate, London EC2M 4RBB

Barclays Bank plc of 1 Churchill Place, London E14 5HP

HSBC Bank Plc of 8 Canada Square, London E14 5HQ

SOLICITORS

Slaughter and May of One Bunhill Row, London EC1Y 8YY

Gowling WLG (UK) LLP of Two Snowhill, Birmingham B4 6WR

CORPORATE GOVERNANCE

To view this document please click here

AUDIT COMMITTEE

Please view the above corporate governance document first then click here for the committee’s full terms of reference; they set out its other responsibilities.

REMUNERATION COMMITTEE

Please view the above corporate governance document first and then click here for the committee’s full terms of reference; they set out its other responsibilities.

DISCLOSURE COMMITTEE

Please view the above corporate governance document first and then click here for the committee’s full terms of reference; they set out its other responsibilities.