Shares and Significant Shareholders
Shares in Issue
The number of shares in issue on admission is 407,789,775, of which in 32.41% is in public hands.
Options / Warrants
At the date of admission there are options/warrants granted over 50,061,125 shares which would represent, if they were all exercised immediately, (although they cannot be), 10.93% of the enlarged share capital.
Significant shareholders who at the time of Admission will own over 5% of the issued share capital of the company are as follows:
(i) Simon McGivern – 12.9%
(ii) David Evans – 6.8%
(iii) Octopus – 6.1%
Restrictions on Share Transfer
There are no restrictions on the transferability of the shares, other than the shares owned by four senior employees of the company who have agreed to act as warrantors to the former owners of Baskerville Capital and as such have agreed to not dispose of their shares for a period of 6 months from the date of Admission.
Exchanges / Trading Platforms
The company’s shares have been admitted to the Access segment of the AQSE Growth Market.