As of 9 June 2026 the Structure of the Company was as follows:
Ordinary Shares
Average Exercise Price
Expiration
Issued Shares
45,622,583
Shares not in Public Hands
41,656,006
Free Float
3,966,487
Restricted Share Options (1)
1,770,000
£0.9908
expire 2028/2029/2030/2031/2032/2033/2034/2035
Total Fully Diluted Shares (2)
47,392,493
Restricted Share Options in issue do not have voting rights and therefore, are not included in voting shares on issue calculations.
Total Fully Diluted Shares are calculated as Issued Shares plus Total Restricted Share Options.
In addition:
on 17 September 2015, following a Share Capital Reorganisation, 121,989,500 Deferred Shares of 4.7142865 pence each were created and remain in issue (“Original Deferred Shares”); and
on 22 December 2025, as a result of a further Share Capital Reorganisation, an additional 45,135,083 Deferred Shares of 18 pence each were created (“New Deferred Shares”).
Both the Original Deferred Shares and New Deferred Shares rank pari passu with each other and their rights are as set out in the Articles of Association (as amended 14 September 2015), which are found on the Corporate Association documents page of this website.
