Issue of equity

Application has been made to AIM for the admission of 12,000 new ordinary shares of 1 pence each in the Company to trading (the “New Shares”). The New Shares, which will rank pari passu in all respects with the Company’s existing shares in issue, have been allotted pursuant to the exercise of options by an employee of the Company. Admission of the New Shares is expected to become effective on 30 December 2014. Following the issue of the New Shares the total number of ordinary shares of 1 pence each (“Ordinary Shares”) in the Company with voting rights will be [...]