Major shareholders

The total number of shares in issue is 138,888,737. The number of shares not in public hands, based on share register as at 30 September 2025 and any subsequent TR1 notifications, is 48,208,841 representing 34.71% 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: 138,888,737
Not in public hands:  48,208,841 34.71%
Shareholder Shares held Percentage
SCF Partners 43,616,569 31.40%
J O Hambro Capital Management 12,683,333 9.13%
River Global Investors 8,316,843 5.99%
Schroders Plc 6,517,873 4.69%
Philip J Milton, stockbrokers 5,605,853 4.04%
Directors’ shareholdings:
Shareholder Shares held Percentage
Steve Lockard 3,888,889 2.8%
Richard Turner 799,313 0.58%