• Total number of Shares in Issue: 4,680,396 Ordinary Shares of £0.05 each
  • Percentage of Shares not in public hands: 31%

The ISIN Reference is GB00BPFJXS57.

There are no restrictions on the transfer of our AIM Securities.

The Share Information is correct as at: 04/01/2019.

The interests of the Directors and their immediate families, civil partners (as defined in the Civil Partnership Act 2004) and persons connected with them (within the meaning of sections 252 to 254 of the Act), all of which, unless otherwise stated, are beneficial as at 14/12/2018, are as follows:

Name Number of Issued Ordinary Shares Percentage of Issued Ordinary Shares
Sir Richard Dearlove 0 0%
Thomas Ilube 1,382,112 29.53%
Dr David Secher 26,365 0.56%
Ruth Anderson 0 0%
Professor David Stupples 5,263 0.11%
Gordon Matthew 0 0%
Andrew Gueritz 0 0%

(Thomas Ilube’s shareholding is made up of 1,251,668 shares held by him personally and 130,444 held by Share Nominees Limited on his behalf)

In addition to the above, as at 18/12/2018, the Directors are aware that the following Shareholders will be interested, directly or indirectly, in 3 per cent or more of the votes able to be cast at general meetings of the Company.

Name Number of Ordinary Shares Percentage of Issued Ordinary Shares
Canaccord Genuity Group Inc* 564,496 12.06%
Brenlen Jinkens 391,446 8.36%
Moulton Goodies Ltd 289,474 6.19%
Steven Gee 246,093 5.26%
Maurice Zimmerman 232,935 4.98%
Share Nominees Limited** 209,684 4.48%
John Taysom 147,205 3.15%
Seguro Nominees Ltd 146,290 3.13%

*Canaccord Genuity Group Inc shares are held in independently managed funds through Hargreave Hale AIM VCT (7.37%) and Hargreave Hale Marlborough Nano Cap Growth Fund (4.69%).

**Tom Ilube holds 130,444 shares indirectly through Share Nominees Limited. The number of 209,684 shares detailed in this table does not include Mr Ilube’s holding.

In addition, the Directors hold the following shares under option:

Name Date of grant Number of Ordinary Shares under option Exercise Price Vesting Conditions Expiry Date
Sir Richard Dearlove 03/10/16 13,158 £1.90 (1) 03/10/26
Sir Richard Dearlove 25/05/18 6,757 £3.70 (1) 25/05/28
Thomas Ilube N/a Nil Nil N/a N/a
Dr David Secher 18/07/14 15,000 £0.54 (1) 17/07/24
Ruth Anderson N/a Nil Nil N/a N/a
Professor David Stupples 18/07/14 35,000 £0.54 (1) 17/07/24
Gordon Matthew 20/07/15 5,000 £1.90 (1) 19/07/25
Andrew Gueritz N/a Nil Nil N/a N/a
Mary Dowd 24/10/18 7,936 £3.15 (1) 24/10/28

(1) Option Shares to vest in three equal tranches on the first, second and third anniversary of the date of grant.

  • Total number of share options granted to Directors: 82,851
  • Total number of share options granted to staff: 66,993

The amount and percentage of immediate dilution assuming full exercise of share options on conversion:

  • Existing share capital: 4,680,396
  • Total number of shares under option: 149,844
  • Total dilution: 149,844
  • Fully Diluted Share Capital = 4,830,240
  • Percentage of dilution = 3.10%