ISSUED CAPITAL & MAJOR SHAREHOLDERS

Securities in issue as at 14th November 2018:

Securities in issue

£
480,000 Ordinary shares of 25p each 120,000
1,200,000 'A' Ordinary shares of 25p each 300,000
420,000

There has been no change to the authorised or allotted share capital since 31st December 2009.

The capital reserve arose on the listing of the Company’s shares on the London Stock Exchange and the cancellation of the 180,000 5% Cumulative Preference shares at a redemption price of £1.125 per share. The foreign exchange reserve relates to the differences arising on the re-translation of overseas subsidiaries consolidated within the group financial statements. The retained earnings reserve includes the accumulated profit and losses of the group.

Shares not in public hands

44.77% of the Ordinary shares are not held in public hands.

Directors’ interest and substantial shareholding in Ordinary voting shares

The significant shareholdings detailed below were last updated on 30th November 2018.

Directors’ shares Holding Percentage
Mr. O. N. A. Braime 143,400 29.88%
Mr. P. J. O. Alcock 1,000 0.21%
Mr. A. Walker 100 0.02%
Mr. A. Q. Braime 35,175 7.33%
Mr. C. O. Braime 35,175 7.33%

In addition to the three directors above, the following persons are beneficially interested in more than 3% of the Ordinary shares of the Company:

Ordinary shares held Percentage
Hargreave Hale Nominees Limited A/C LON 72,500 15.10%
Hargreaves Lansdown (Nominees) Limited A/C HLNOM 32,427 6.76%
Mrs P. V. Smith 27,500 5.73%
Ferlim Nominees Limited Des. POOLED 26,083 5.43%
W B Nominees Limited A/C ISAMAX 19,600 4.08%
Mr. M. C. J. Barnes 16,555 3.45%