Issued Share Capital

As at 31 August 2025, the total number of voting rights in the Company is 56,534,848, comprising:

55,490,360 ordinary number of shares of 0.0001 pence each
684,006 2016 realisation shares of 0.0001 pence each‡
360,482 2021 realisation shares of 0.0001 pence each*

There are 30,970,984 exchange shares of 0.0001 pence each in existence following the utilisation of the exchange procedure of the Company and Master Fund in executing tender offers. The exchange shares carry no voting rights.

‡ The 2016 realisation shares were created on 30 November 2016.
* The 2021 realisation shares were created on 30 November 2021.

Significant Shareholdings

As at 31 August 2025, reflecting any TR-1 notifications received or PDMR announcements made subsequently to date, the Company was aware of the shareholders holding more than 3 percent of the total voting rights of the Company:

Shareholder Ordinary shares % held



MARWYN MANAGEMENT AND EMPLOYEES
of which, individual holdings above 3%:		 7,207,740 12.75%
James Corsellis 6,357,011 11.24%
other shareholders holdings less than 3% individually 850,729 1.50%
First Equity Limited 9,550,000 16.89%
Cenkos CI Limited 6,828,280
 12.08%
Pula Investments Limited 4,500,000 7.96%
Barclays Funds Investments Limited 3,409,090 6.03%
Philip J Milton & Company Plc 3,064,126 5.42%
Octopus Investments Limited 2,740,000 4.85%
Charles Stanley & Co 2,197,4783.89%
1607 Capital Partners LLC 1,769,5483.13%
Oberon Investments Limited 1,690,825
 3.00%