Shares in Issue and Major Shareholders

The Company currently has 3,810,275 shares in issue, of which 3,654,504 Ordinary Shares hold voting rights and of which 155,771 Ordinary Shares are held in Treasury and do not hold voting rights.

The following have interests in 3% or more of the Company’s existing ordinary share capital (excluding those shares held in treasury) as of 28 May 2017:

Shareholder

Gresham House plc & GH Holdings Ltd

M&G Investment Management

Smith & Williamson Investment Management

River & Mercantile Asset Management

Trium Capital Managers Ltd

Hargreaves Lansdown Asset Management

Unicorn Asset Management

Number of ordinary shares held

706,806

428,129

345,101

244,731

187,622

132,036

129,236

% of total voting rights

19.3%

11.7%

9.4%

6.7%

5.1%

3.6%

3.5%

To notify the Company of a substantial share holding contact us.