Shareholder information.
As of 6th January 2025, the number of ordinary shares with a nominal value of 62.5p each (“Ordinary Shares”) in issue is 7,639,705. So far as the company is aware, the percentage of securities not in public hands is 44.46%. The company does not have any shares held in treasury.
Significant shareholding (as of 8th May 2025)
Name
Number of Ordinary Shares
% Issued capital
Shard Credit Partners Venture Debt Fund I LP
Number of ordinary shares
2,752,140
36.02%
% of issues capital
Turner Pope Investments (TPI) Ltd
Number of ordinary shares
615,800.00
8.06%
% of issues capital
Richard Hughes
Number of ordinary shares
320,000.00
4.19%
% of issues capital
Mahmud Kamani
Number of ordinary shares
320,000.00
4.19%
% of issues capital
SDI (Retail Co 8) Ltd
(Frasers Group)
Number of ordinary shares
285,714.00
3.74%
% of issues capital
Director Shareholdings.
Name
Number of Ordinary Shares
% Issued capital
Simon John Wilkinson
Number of ordinary shares
228,571.00
2.99%
% of issues capital
Dr. Nigel John Burton
Number of ordinary shares
204,571.00
2.68%
% of issues capital
Mahmoud Warriah
Number of ordinary shares
114,285.00
1.50%
% of issues capital
Carmen Carey
Number of ordinary shares
57,142.00
0.75%
% of issues capital
Petar Cvetkovic
Number of ordinary shares
40,000.00
0.52%
% of issues capital
Concert Party Shareholdings.
Name
Number of Ordinary Shares
% Issued capital
Richard Hughes
Number of ordinary shares
320,000.00
4.19%
% of issues capital
Mahmud Kamani
Number of ordinary shares
320,000.00
4.19%
% of issues capital
Samir Kamani
Number of ordinary shares
96,000.00
1.26%
% of issues capital
Rebecca Hughes
Number of ordinary shares
80,000.00
1.05%
% of issues capital
Abigail Hughes
Number of ordinary shares
80,000.00
1.05%
% of issues capital
Umar Kamani
Number of ordinary shares
80,000.00
1.05%
% of issues capital
Adam Kamani
Number of ordinary shares
80,000.00
1.05%
% of issues capital
Petar Cvetkovic
Number of ordinary shares
40,000.00
0.52%
% of issues capital
Carol Kane
Number of ordinary shares
80,000.00
1.05%
% of issues capital
Daron Lee
Number of ordinary shares
120,000.00
1.57%
% of issues capital
John Lyttle
Number of ordinary shares
80,000.00
1.05%
% of issues capital
Shaun Mealey
Number of ordinary shares
40,000.00
0.52%
% of issues capital
Christian Stephenson
Number of ordinary shares
40,000.00
0.52%
% of issues capital
Simon Wilkinson
Number of ordinary shares
228,571.00
2.99%
% of issues capital
Warrants.
Promoter Warrants, whereby non-transferable warrants to subscribe for up to 2,400,000 Ordinary Shares, exercisable at £1.25 for five years from 25 May 2021, issued to certain members of the Concert Party in consideration of those persons assembling and co-ordinating the Concert Party’s investment in the Company in May 2021 and facilitating the appointment of Simon Wilkinson as Non-Executive Chairman.
Name
Number of Ordinary Shares subject to Promotor Warrants
Richard Hughes
Number of ordinary shares
800,000.00
Mahmud Kamani
Number of ordinary shares
800,000.00
Simon Wilkinson
Number of ordinary shares
800,000.00
Cornerstone Investor Warrants, whereby non-transferable warrants to subscribe for up to 400,000 Ordinary Shares, exercisable at £1.25 for five years from 25 May 2021, issued to the Cornerstone Investors of the May 2021 placing.
Name
Number of Ordinary Shares subject to Cornerstone Investor Warrants
Ben Turner
Number of ordinary shares
80,000.00
Donna Turner
Number of ordinary shares
120,000.00
James Pope
Number of ordinary shares
80,000.00
Maxine Pope
Number of ordinary shares
120,000.00
Broker Warrants, whereby transferable warrants to subscribe for up to 160,000 Ordinary Shares, exercisable at £1.25 for five years from 25 May 2021.
Name
Number of Ordinary Shares subject to
Broker Warrants
JIM Nominees Limited
(as nominee on behalf of Turner Pope)
Number of ordinary shares
94,000.00
Dr Nigel Burton
Number of ordinary shares
40,000.00
Mark Slade
Number of ordinary shares
16,000.00
David Rae
Number of ordinary shares
10,000.00
Director Warrants, whereby non-transferable warrants to subscribe for, in aggregate, 192,000 Ordinary Shares are issued to the Executive Directors and the Non-Executive Directors, exercisable at £1.25 for five years from 25 May 2021, provided that the Ordinary Shares have traded at a Volume Weighted Average Price (VWAP) at or above 0.30p for 20 consecutive Business Days, or on a change of control of the Company.
Name
Number of Ordinary Shares subject to Director Warrants
Simon Wilkinson
Number of ordinary shares
48,000.00
Dr Nigel Burton
Number of ordinary shares
48,000.00
Mark Slade
Number of ordinary shares
48,000.00
David Rae
Number of ordinary shares
48,000.00
As of 6th January 2025, the number of ordinary shares with a nominal value of 62.5p each (“Ordinary Shares”) in issue is 7,639,705. So far as the company is aware, the percentage of securities not in public hands is 44.46%. The company does not have any shares held in treasury.
Significant shareholding
(as of 8th May 2025)
Name
Number of Ordinary Shares
% Issued capital
Shard Credit Partners Venture
Debt Fund I LP
Number of ordinary shares
2,752,140
36.02%
% of issues capital
Turner Pope Investments (TPI) Ltd
Number of ordinary shares
615,800.00
8.06%
% of issues capital
Richard Hughes
Number of ordinary shares
320,000.00
4.19%
% of issues capital
Mahmud Kamani
Number of ordinary shares
320,000.00
4.19%
% of issues capital
SDI (Retail Co 8) Ltd
(Frasers Group)
Number of ordinary shares
285,714.00
3.74%
% of issues capital
Director Shareholdings.
Name
Number of Ordinary Shares
% Issued capital
Simon John Wilkinson
Number of ordinary shares
228,571.00
2.99%
% of issues capital
Dr. Nigel John Burton
Number of ordinary shares
204,571.00
2.68%
% of issues capital
Mahmoud Warriah
Number of ordinary shares
114,285.00
1.50%
% of issues capital
Carmen Carey
Number of ordinary shares
57,142.00
0.75%
% of issues capital
Petar Cvetkovic
Number of ordinary shares
40,000.00
0.52%
% of issues capital
Concert Party Shareholdings.
Name
Number of Ordinary Shares
% Issued capital
Richard Hughes
Number of ordinary shares
320,000.00
4.19%
% of issues capital
Mahmud Kamani
Number of ordinary shares
320,000.00
4.19%
% of issues capital
Samir Kamani
Number of ordinary shares
96,000.00
1.26%
% of issues capital
Rebecca Hughes
Number of ordinary shares
80,000.00
1.05%
% of issues capital
Abigail Hughes
Number of ordinary shares
80,000.00
1.05%
% of issues capital
Umar Kamani
Number of ordinary shares
80,000.00
1.05%
% of issues capital
Adam Kamani
Number of ordinary shares
80,000.00
1.05%
% of issues capital
Petar Cvetkovic
Number of ordinary shares
40,000.00
0.52%
% of issues capital
Carol Kane
Number of ordinary shares
80,000.00
1.05%
% of issues capital
Daron Lee
Number of ordinary shares
120,000.00
1.57%
% of issues capital
John Lyttle
Number of ordinary shares
80,000.00
1.05%
% of issues capital
Shaun Mealey
Number of ordinary shares
40,000.00
0.52%
% of issues capital
Christian Stephenson
Number of ordinary shares
40,000.00
0.52%
% of issues capital
Simon Wilkinson
Number of ordinary shares
228,571.00
2.99%
% of issues capital
Warrants.
Promoter Warrants, whereby non-transferable warrants to subscribe for up to 2,400,000 Ordinary Shares, exercisable at £1.25 for five years from 25 May 2021, issued to certain members of the Concert Party in consideration of those persons assembling and co-ordinating the Concert Party’s investment in the Company in May 2021 and facilitating the appointment of Simon Wilkinson as Non-Executive Chairman.
Name
Number of Ordinary Shares subject to Promotor Warrants
Richard Hughes
Number of ordinary shares
800,000.00
Mahmud Kamani
Number of ordinary shares
800,000.00
Simon Wilkinson
Number of ordinary shares
800,000.00
Cornerstone Investor Warrants, whereby non-transferable warrants to subscribe for up to 400,000 Ordinary Shares, exercisable at £1.25 for five years from 25 May 2021, issued to the Cornerstone Investors of the May 2021 placing.
Name
Number of Ordinary Shares subject to Cornerstone Investor Warrants
Ben Turner
Number of ordinary shares
80,000.00
Donna Turner
Number of ordinary shares
120,000.00
James Pope
Number of ordinary shares
80,000.00
Maxine Pope
Number of ordinary shares
120,000.00
Broker Warrants, whereby transferable warrants to subscribe for up to 160,000 Ordinary Shares, exercisable at £1.25 for five years from 25 May 2021.
Name
Number of Ordinary Shares subject to
Broker Warrants
JIM Nominees Limited
(as nominee on behalf of Turner Pope)
Number of ordinary shares
94,000.00
Dr Nigel Burton
Number of ordinary shares
40,000.00
Mark Slade
Number of ordinary shares
16,000.00
David Rae
Number of ordinary shares
10,000.00
Director Warrants, whereby non-transferable warrants to subscribe for, in aggregate, 192,000 Ordinary Shares are issued to the Executive Directors and the Non-Executive Directors, exercisable at £1.25 for five years from 25 May 2021, provided that the Ordinary Shares have traded at a Volume Weighted Average Price (VWAP) at or above 0.30p for 20 consecutive Business Days, or on a change of control of the Company.
Name
Number of Ordinary Shares subject to Director Warrants
Simon Wilkinson
Number of ordinary shares
48,000.00
Dr Nigel Burton
Number of ordinary shares
48,000.00
Mark Slade
Number of ordinary shares
48,000.00
David Rae
Number of ordinary shares
48,000.00