Substantial shareholdings

The Company’s issued share capital consists of 27,944,389 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 in the issued ordinary share capital of the Company, which have been notified as at 30 September 2018, were as follows, representing 67.6% of the total issued ordinary share capital:

 

	Ordinary shares of 10p each	Percentage of ordinary shares %
Octopus Investments	4,784,749	17.1
Cat Rock Capital Management	3,543,222	12.7
Invesco	2,393,079	8.6
Standard Life Aberdeen	2,278,956	8.2
Legal and General Investment Management	1,323,546	4.7
Living Bridge	1,232,925	4.4
Employee Benefit Trust	1,140,400	4.1
River and Mercantile Asset Management	781,149	2.8
GlobalFlex Capital	780,690	2.8
Bank of America Merrill Lynch	638,003	2.3
	18,896,719	67.6

 

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 1,185,852 and 4.2% respectively. This percentage comprises the holdings of Directors of the company as noted below, and the Employee Benefit Trust (the Company’s Joint Share Ownership Plan), as noted above.

 

Directors’ shareholdings

Excluding interests in share options and Joint Share Ownership Plans, which are fully disclosed in the 2017 Annual Report and in the 2018 Interim Results, the beneficial holdings of the directors as at 30 September 2018 in the Company’s issued share capital at 30 September 2018 is as follows:

	Ordinary shares of 10p each	% of total in issue
Ed Barker	1,104	-
John Crabtree	25,305	0.1%
Chris Pullen	19,043	0.1%
	45,452	0.2%