The Company’s total outstanding share capital is 100,727,174 ordinary shares of 1 pence each with one voting right per share (“Ordinary Shares”). The Company does not hold any Ordinary Shares in treasury and therefore the total number of Ordinary Shares with voting rights in the Company is 100,727,174.
Total voting rights
The above figure of 100,727,174 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA’s Disclosure Guidance and Transparency Rules.
The total percentage of shares in public hands is 49.89%, as defined by the Aquis Growth Market Rulebook.
Significant shareholders
As of December 31, 2025, to the best of the Company’s knowledge, the below shareholders are either Directors of the Company or interested in 3 percent or more of the issued share capital of the Company.
| Name | Number of Ordinary Shares | Percentage of Share Capital | Type |
|---|---|---|---|
| Ippolito Ingo Cattaneo * | 18,513,031 | 18.38% | Director |
| John Story | 11,351,011 | 11.27% | Private Investor |
| JIM NOMINEES LIMITED | 8,246,000 | 8.19% | Custodian |
| Orca Capital GmbH | 5,203,182 | 5.17% | Institution |
| Michael Hutchinson * # | 4,472,500 | 4.44% | Director |
| Aidan O’Hara | 3,040,000 | 3.02% | Private Investor |
| Richard Heywood * | 2,693,356 | 2.67% | Director |
* Director of the Company
# These include shares held by Elmlea Properties Limited (“Elmlea“), a PCA where Mr Hutchinson has an advisory involvement. Mr Hutchinson is not a Director of Elmlea and does not hold any executive or managerial role within Elmlea.
Share options
| Name | Number of Share Options |
|---|---|
| Ippolito Ingo Cattaneo | 4,686,250 |
| Michael Hutchinson | 2,811,750 |
| Luca Benedetto | 1,874,500 |
| Total: | 9,372,500 |
Upon the Company’s admission to the Main Market of the London Stock Exchange on April 7, 2022, the Directors were granted Share Options with a duration of five years, subject to the Options having vested, at a price of £0.04.
The Share Options vested on November 14, 2022.
More information may be found within the Prospectus Document published on April 7, 2022.