COMPANIES ACT AND AIM RULES COMPLIANCE

Please click here for brief biographical details and areas of responsibility for our board members. 

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 28 March 2024: 38,026,087 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 28 March 2024, 28.49% of the company’s then issued A shares were not in public hands and 31.97% of the company’s then issued non-voting shares were not in public hands.

IDENTITY AND PERCENTAGE HOLDINGS OF SIGNIFICANT SHAREHOLDERS

So far as the company was aware, as at 28 March 2024, the identity and percentage holdings of the company’s significant shareholders (based on the then issued share capital) was as follows:

A shares

• Octopus Investments Limited – 12.18%
• Torquil Sligo-Young  ^{(1) (2)} – 11.26% 
• James Young ⁽¹⁾ – 10.12%
• Caroline Chelton ⁽¹⁾ – 9.12%
• BlackRock Investment Management Limited – 5.79%
• James Sharp & Co – 4.92%
• Canaccord Genuity Wealth Management – 4.20%
• Janus Henderson Investors – 3.04%

⁽¹⁾     A 8.46% holding is common across Torquil Sligo-Young, James Young and Caroline Chelton

⁽²⁾     A 2.20% holding is common across Torquil Sligo-Young, and two third parties

Non-voting shares

• Invesco Asset Management – 16.30%
• Lindsell Train Limited – 11.81%
• Soros Fund Management LLC – 10.70%
• Janus Henderson Investors – 7.81%
• James Sharp & Co – 7.72%
• NFU Mutual Unit Managers Limited – 5.71%
• Martin Currie Investment Mgmt Limited – 3.95%
• Jupiter Asset Management Limited – 3.42%

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

As at 28 March 2024, the company had been notified of the following holdings of 3% or more of the voting right in the company:

• Octopus Investments Limited – 12.21%
• Torquil Sligo-Young – 11.26% 
• James Young – 10.12%
• Caroline Chelton – 9.12%
• BlackRock Investment Management (UK) Ltd – 5.94%
• Canaccord Genuity Group Inc. – 5.5521%

STOCKBROKERS

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

Stifel Nicolaus Europe Limited of 150 Cheapside, London EC2V 6ET

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

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

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

NatWest Bank plc of 250 Bishopsgate, London EC2M 4RB

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.