Shareholder Information

Number of Existing Shares 205,566,667
Total number of New Shares 27,041,665
Number of Warrants outstanding immediately following Admission 2,000,000
Enlarged Share Capital 232,608,332
Fee Shares 5,633,333
New Shares issued in connection with the Placing and Subscription 21,408,331
Percentage of Enlarged Share Capital represented by New Shares 11.63%
Securities in public hands 40.87%
Issue Price £0.03
Expected market capitalisation of the Company on Admission £6,978,250

Directors' Interests

As of 26 May 2020 Immediately following Admission
Name Number of Shares Percentage of issued Shares Number of Shares in Enlarged Share Capital Percentage of Enlarged Share Capital
Ian Charles Tordoff 5,400,000 2.63% 5,400,000 2.32%
John Hunter Maxwell 2,000,000 0.97% 2,000,000 0.86%

Shareholders over 3%

Name Number of Shares Percentage of issued Shares Number of Shares in Enlarged Share Capital Percentage of Enlarged Share Capital
Pear Tree Limited (1) 45,000,000 21.89% 45,000,000 19.35%
Chestergate Limited (1) 45,000,000 21.89% 45,000,000 19.35%
Zanete Fergusone 21,000,000 10.22% 21,000,000 9.03%
Briege Martin 9,000,000 4.38% 9,000,000 3.87%
Channel Car Traders Limited 8,000,000 3.89% 8,000,000 3.44%
First Sentinel plc (2) 7,800,000 3.79% 10,600,000 4.56%
Daniel Gilbert 7,666,667 3.73% 7,666,667 3.30%
Justin Drummond 7,000,000 3.41% 7,000,000 3.01%
Delta Beta Advisors - - 10,000,000 4.30%
  1. Pear Tree Limited and Chestergate Limited are trusts established by Zanete Fegusone. The sole beneficiaries of the trusts are her two children.
  2. On a fully diliuted basis (i.e. assuming that all Warrants are exercised), FSCF has an interest in the Company’s share capital of approximately 0.85% (2,000,000 Warrants); and First Sentinel plc has an interest of approximately 11.18% comprising (i) its 7,800,000 Existing Shares, 1,133,333 New Shares and 1,666,667 FS Fee Shares and (ii) its conversion rights under the loan facility in the amount of up to £500,000 which however limits the exercise of such conversion rights to 9.9% whilst FSCF acts as AQSE Corporate Adviser to the Company.