Shareholder Analysis

Substantial Shareholdings

As at 8 September 2017, the Company’s issued share capital consists of 212,118,648 ordinary shares with a nominal value of 5p each (“Ordinary Shares”), each share having equal voting rights.

As at 8 September 2017 the Company’s major shareholders are:

Table: “Substantial shareholdings”

Shareholders Percentage of shares held
Octopus Investments Limited 9.25%
AXA SA 7.90%
Blackrock Inc 7.74%
Hargreave Hale Ltd, Stockbrokers 5.99%
Investec Group 5.67%
Aviva plc 4.45%
Schroders 4.40%
Charles Stanley Group 3.59%


In accordance with the AIM Rules (Rule 26), insofar as the Company is aware as at 8 September 2017, the percentage of the Company’s issued share capital that is not in public hands is 2.27%. This percentage consists of the holdings of the directors’ beneficial holdings and the holdings of the AMS Trustee Company in respect of the Company’s Deferred Share Scheme. The Company’s free float is 97.73%.