Major Shareholdings

The following major holdings have been notified to the Company:

  Ordinary Shares %
GAM Exempt UK Opportunities Fund 173,267 6.28
M I Caffyn 103,495 3.84
HSBC Republic Bank Suisse SA 128,349 4.65
Caffyns Pension Fund 125,570 4.55
A M Caffyn 108,336 3.92
A E Caffyn 107,409 3.89
K E Caffyn 104,804 3.79

Mr S G M Caffyn and Miss S J Caffyn are directors of Caffyn Family Holdings Limited which owns all of the 2,000,000 6% cumulative second preference shares which have full voting rights.

Correct as of June 2016