Major shareholders
The total number of shares in issue is 139,551,387. The number of shares not in public hands, based on share register as at 31 December 2025 and any subsequent TR1 notifications, is 48,325,508 representing 34.63% of the issued share capital at that date.
The identity and percentage holdings of the Company’s significant shareholders are set out in the table below.
| Total Issued share capital: | 139,551,387 | |
| Not in public hands: | 48,325,508 | 34.63% |
| Shareholder | Shares held | Percentage |
| SCF Partners | 43,616,569 | 31.25% |
| J O Hambro Capital Management | 12,683,333 | 9.09% |
| River Global Investors | 7,506,993 | 5.38% |
| Philip J Milton, stockbrokers | 5,764,773 | 4.13% |
| Schroders Plc | 3,192,256 | 2.29% |
| Directors’ shareholdings: | ||
| Shareholder | Shares held | Percentage |
| Steve Lockard | 3,888,889 | 2.79% |
| Richard Turner | 799,313 | 0.57% |