Substantial shareholdings

The Company’s issued share capital consists of 68,930,486 ordinary shares with a nominal value of 10 pence each (“Ordinary Shares”), each share having equal voting rights.

The interests, by parent company, of our top ten shareholders (being holdings of 3.0% or greater) in the issued ordinary share capital of the Company, which have been notified as at 19 July 2019, were as follows, representing 64.3% of the total issued ordinary share capital:

  Ordinary shares of 10p each
Percentage of ordinary shares %
Octopus Investments 9,408 13.7
Invesco (inc Perpetual Asset Management) 5,894 8.5
Standard Life Aberdeen 5,124 7.4
Legal and General Group 5,004 7.3
Gresham House plc 3,704 5.4
General Equity Partners 3,608 5.2
Hunter Group 3,364 4.9
Cat Rock Capital Management 3,201 4.6
HRnet Group 2,750 4.0
Alken Asset Management 2,262 3.3
  44,319 64.3

In accordance with the AIM Rule 26, in so far as the Company is aware, the total and percentage of the Company’s issued share capital that is not in public hands is 1,440,468 shares and 2.1% respectively. This percentage comprises the holdings of Directors of the company, as noted below, and the 1,140,400 shares held by the Employee Benefit Trust (the Company’s Joint Share Ownership Plan).

Directors’ shareholdings

Excluding interests in share options and Joint Share Ownership Plans, which are fully disclosed in the 2018 Annual Report, the beneficial holdings of the directors as at 19 July 2019 in the Company’s issued share capital at 19 July 2019 is as follows:

  Ordinary shares of 10p each % of total in issue
Ed Barker 11,104 -
John Crabtree 50,305 0.1%
Tracy Lewis 100,000 0.1%
Chris Pullen 120,659 0.2%
Mike Watts 18,000 -
  300,068 0.4%