Investor News: Exercise of options and issue of equity

Application has been made for the admission to trading on AIM of 1,379,389 new ordinary shares of 0.1 pence each in the Company (the “New Shares”), pursuant to the exercise of vested options by a former employee. The New Shares will rank pari passu in all respects with the Company’s existing ordinary shares and admission of the New Shares is expected to become effective on 17 October 2018 (“Admission”).

Following Admission, the issued share capital of the Company will consist of 576,140,030 Ordinary Shares, with one voting right per share. The Company does not hold any Ordinary Shares in treasury. Therefore, the total number of Ordinary Shares and voting rights in the Company will be 576,140,030. The above figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA’s Disclosure Guidance and Transparency Rules.