Major shareholders

As far as the company is aware, the following shareholders have a beneficial interest in more than 3 per cent of the Company's issued share capital as at 29 January 2026. This is based on issued share capital of 75,638,239 Ordinary Shares of 10p each.

Substantial shareholdings

ShareholderNumber of sharesPercentage held
Octopus Investments Limited 14,009,70418.52
Odd Asset Management8,258,91910.92
Canaccord Genuity Group Inc 7,302,6349.65
Neil Crabb4,576,0186.05
Oakglen Wealth4,303,5635.69
Quilter Cheviot3,442,0884.55
Premier Miton Group PLC *2,814,4093.72
AXA Investment Managers S.A.2,775,0003.67
Nortrust Nominees Limited2,380,0003.15

* includes 2,233,239 shares held by Miton UK MicroCap Trust plc representing 3.24 per cent of the current issued share capital of the company

Directors’ shareholdings

DirectorNumber of sharesPercentage held
Neil Crabb (Chief Executive Officer)4,576,0186.05
Professor Dame Julia King (Non-Executive Chair)679,7240.90
Jacqueline McKay (Chief Operating Officer)368,0390.49
Nigel Grierson (Non-Executive Director)135,9460.18
Matthew White (Chief Commercialisation Officer)121,5450.16
Joanne Stent (Chief Financial Officer)60,0230.08
David Holbrook (Non-Executive Director)13,5950.02

Shares not in public hands

At 29 January 2026, shares not in public hands totaled 37 per cent of issued share capital.

Details of any restrictions on the transfer of securities

There are no restrictions on the transfer of securities.

There are no shares held in treasury.

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