Substantial Shareholdings

As far as the company is aware, the following shareholders have a beneficial interest in more than 3% of the Company's issued share capital as at 4 April 2017. This is based on issued share capital of 88,715,715 Ordinary Shares of 1p each.



Number of shares


Percentage held

Lombard Odier Asset Management (Europe) Limited     17,722,578     20.0%
River and Mercantile Asset Management LLP   8,500,000     9.6%
Legal and General   8,000,000     9.0%
JO Hambro Capital Management Limited   6,864,750     7.7%
Graham Barnet 6,513,237     7.3%
AXA Investment Managers SA   4,975,000     5.6%
Hargreave Hale Limited discretionary clients   4,906,904     5.5%


Shares not in public hands
At 4 April 2017, shares not in public hands totalled 29.0% of issued share capital.

Details of any restrictions on the transfer of securities
There are no restrictions on the transfer of securities.