Capital Structure

Capital Structure

As at 31 October 2019, the Company’s issued share capital consists of 43,865,195 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 31.53%.

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* 15.64%
Peter Morgan 1,025,500 2.34%

 

* 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 13.56%
Canaccord Genuity Group Inc. 4,777,070 10.89%
Rosetta Capital V Limited 3,089,971 7.04%
Joe Eagle 2,269,000 5.17%
A&B (HK) Company Ltd 1,910,828 4.36%
CMS Medical Venture Investment Ltd. 1,910,828 4.36%
Andrew Cohen** 1,858,500 4.24%

 

* 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.

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