Capital Structure

Capital Structure

As at 1 December 2020, the Company’s issued share capital consists of 59,816,921 ordinary shares with a nominal value of £0.01 each (“Ordinary Shares”), each share having equal voting rights.

The Company does not hold any Ordinary Shares or treasury shares.

In accordance with AIM Rule 26, insofar as the Company is aware, the percentage of the Company’s issued share capital not in public hands is 13.36%.

There are no restrictions on the transfer of securities.

The directors hold the following shareholding interests in the Company:

Director capital Number of shares % of issued share
Bill Love * 6,859,500 11.47%
Peter Morgan 1,025,500 1.71%
Nick Rodgers 47,462 0.08%
Neil Clark 38,462 0.06%
Debra Barker 38,461 0.06%

 

* 3,667,700 of these Ordinary Shares are held by Bill Love directly and 3,191,800 are held by Bill’s wife, Carole Love.

In addition, the following shareholders hold in excess of 3% or more of the Company’s issued share capital:

Shareholder capital Number of shares % of issued share
The Wade Family * 5,946,500 9.94%
Canaccord Genuity Group Inc. 4,352,070 7.28%
Rosetta Capital V Limited 3,089,971 5.17%
Unicorn AIM VCT plc 3,076,923 5.14%
A&B (HK) Company Ltd 3,449,289 5.77%
CMS Medical Venture Investment Ltd. 3,449,289 5.77%
Joe Eagle 2,269,000 3.79%
Sir Nigel Rudd ** 1,921,716 3.21%
Andrew Cohen *** 1,858,500 3.11%

 

* 2,173,500 of these Ordinary Shares are held by Charles Wade directly, 2,173,500 are held by Charles’s wife, Jemima Wade, 350,000 are held by Jemima and Charles Wade jointly and 1,250,000 are held by Wade Furniture Group Limited, a company over which Charles Wade and persons connected with him have control.

** 1,814,608 of these Ordinary Shares are held by Sir Nigel Rudd directly and 107,108 are held by Sir Nigel’s wife, Lady Lesley Rudd.

*** 412,000 of these Ordinary Shares are held by Andrew Cohen personally, and 1,446,500 are held by Andrew Cohen, Wendy Cohen and NSS Trustees Limited