Major Shareholdings

The following major holdings have been notified to the Company:

  Ordinary Shares %
Maland Pension Fund (Pershing Nom Ltd RKCLT) 250,000 9.28
Charles Stanley Group 135,910 5.04
HSBC Republic Bank Suisse SA 128,349 4.76
Caffyns Pension Fund 125,570 4.65
A M Caffyn (Deceased) 108,336 4.02
A E F Caffyn (Deceased) 107,409 3.98
K E Caffyn 104,804 3.88
M I Caffyn (Barclayshare Direct Investing Nom) 103,495 3.84
Nortrust (Armstrong Investments Ltd) 90,000 3.34
GAM Exempt UK Opportunities Fund 88,267 3.27

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 May 2018