Major Shareholders

At 10th April 2019

Total number of shares in issue 170,652,802. The number of shares not in public hands on 10th April 2019 was 80,041,505 representing 46.9% of the issued share capital at that date.

Significant shareholders

The identity and percentage holdings of the Company’s significant shareholders are set out in the table below:

	Shares Held	%
Inter.Services	28,006,607	16.41%
Kestrel Partners LLP	22,221,670	13.02%
Erin Finance and Invest Limited/*	21,630,382	12.68%
Living Bridge VC LLP	13,427,571	7.87%
Schroders Plc	11,100,867	6.50%
Chelverton Asset Management	10,384,615	6.09%
Herald Investment Management Limited	8,909,615	5.22%
Miton Asset Management Ltd	6,435,903	3.77%
Cavendish Asset Management Ltd	6,220,124	3.64%
Jabella Group Limited**	4,216,738	2.47%
NatWest FIS Nominees/*	3,699,000	2.17%

Directors’ shareholdings

As at 10th April 2019, the interests of the Directors (including Directors who were appointed during the year and those who retired), including persons connected with the Directors within the meaning of section 252 of the Companies Act 2006, in the issued share capital of the Company are as follows:

	Ordinary Shares	%
Erin Invest & Finance Ltd*	21,630,382	12.68%
Jabella Group Ltd**	4,216,738	2.47%
Natwest FIS Nominees//**	3,699,000	2.17%
Don Baladasan	159,455	0.09%
Iain McDonald ****	107,653	0.06%

* The beneficial holder of Erin Finance and Invest Ltd and Natwest FIS Nominee Limited is the father of Samuel Dayani, a director of the Company.

** Jabella Group Limited is a BVI company owned inter alia, by Erin, Natwest FIS Nominee Limited, John Swingewood and Robert Pooke.

*** 4,216,738 Ordinary Shares are held by Jabella Group Limited in which Natwest FIS Nominee Limited has a 8.30 per cent interest and Erin Invest & Finance Ltd has a 53.30 per cent interest