* as at 3 December 2018
97,258,694 Ordinary shares are held in public hands representing 59.82% of issued share capital.
|Name||Number of Ordinary Shares||% of Issued Share Capital|
|Christopher Latilla-Campbell (Chairman)(*)||36,040,442||17.56%|
|Rolf Gerritsen (CEO)(**)||1,000,000||0.49%|
|Gervaise Heddle (NED)||15,513,634||7.56%|
|Christian Schaffalitzky (NED)||4,600,000||2.24%|
|Total director holdings||57,154,076||27.85%|
(*) Christopher Latilla-Campbell’s interests includes 24,750,000 shares held by Buchanan Trading Inc, in whose shares he is deemed to be interested, as he is a potential beneficiary of a discretionary trust which controls it.
(**) As announced on 23 February 2018, Rolf Gerritsen will be subscribing for 2,500,000 ordinary shares at 2p per share.
Outstanding Director Options:
|Expiring 30 April 2021:||Number of Ordinary Shares||Exercise Price|
|Rolf Gerritsen (CEO)||5,000,000||3p per share|
|Number of Ordinary Shares||Exercise Price|
|Expiring 8 June 2020:||15,750,000||3p per share|
|Expiring 8 June 2020:||9,700,000||2p per share|
|Expiring 30 March 2021:||2,500,000||3p per share|
Pursuant to his equity investment in the Company as announced on 23 February 2018, on completion of his investment Rolf Gerritsen will be issued with 2,500,000 warrants. The warrants will have a term of 36 months from the date of grant and will be exercisable at 3p per share.
Effect of options and warrants exercise:
Should all the outstanding options and warrants outlined above be exercised the Company will receive additional funds of £891,500 and the fully diluted ordinary shares in issue will total 239,060,480 shares.