Investor News: Exercise of Options and Issue of Equity

The Company has issued, and will make an application to the London Stock Exchange for the admission to trading on AIM of, 838,936 new ordinary shares of 0.1 pence each in the Company (“New Ordinary Shares”). The New Ordinary Shares have been issued pursuant to the exercise of i) restricted stock units (“RSUs”) by an employee under the Company’s RSU Plan and ii) options granted in connection with the acquisition of Base79 Ltd in 2014.

The New Ordinary Shares will rank pari passu in all respects with the Company’s existing ordinary shares and admission to trading on AIM of the New Ordinary Shares is expected to become effective on 29 April 2019 (“Admission”).

Total Voting Rights

Following Admission, the issued share capital of the Company will consist of 606,344,223 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 606,344,223. 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.