Substantial shareholdings

The Company has 126,812,313 Ordinary Shares in issue. No Ordinary Shares are held in treasury.

This number represents the total voting rights in the Company and may be used by shareholders as the denominator for the calculations by which they can determine if they are required to notify their interest in, or a change to their interest in the Company under the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules.

In accordance with AIM Rule 26, in so far as the Company is aware the percentage of the Company's issued share capital that is not in public hands is 56.7%.

The interests of our top ten shareholders in the issued ordinary share capital of the Company, which have been notified as at 24 July 2025, were as follows:

 

Ordinary shares of 10p each
(000)

Percentage of ordinary shares

Henry Spain Investment Services

34,981

27.6%

HRnetGroup Limited

25,117

19.8%

Schroder Investment Management

22,903

18.1%

Gresham House Asset Management

5,777

4.6%

Hargreaves Lansdown, stockbrokers

5,564

4.4%

Interactive Investor

3,789

3.0%

HSDL, stockbrokers

2,330

1.8%

AJ Bell, stockbrokers

2,162

1.7%

Barclays Wealth

1,988

1.6%

River Global Investors

1,695

1.3%

Total

106,306

83.9%

As at 15 April 2025 the following directors have beneficial holdings in the Company’s issued share capital:

Albert Ellis

1,231,392 shares

Daniel Quint

945,423 shares

Catherine Lynch

10,000 shares

Tom Spain

1,675,000 shares

Amanda Aldridge

80,000 shares

Albert Ellis and Daniel Quint have interests in 4,227,510 and 3,435,916 respectively for options for ordinary shares, awarded under the Company’s 2021 long term incentive plan in February 2023, January 2024 and June 2025, and SAYE scheme 2022. The other directors have no current interests in share options or the SAYE plans.