Fre float6 Jun 2025 10:45
Post-admission, the company’s enlarged issued share capital will stand at 5,908,770,690 ordinary shares. And looking at the post-admission shareholder registry (in the 21st May 2025 Prospectus) reveals that, over 92% of the shares are held by just 10 entities, including long-term retail investors (via CREST Nominee | data by ShareSoc Analytics), institutional holders, and company directors.
1. CREST | Nominee Acc. Holdings (LONGS – long-term retail investors) → 3,117,340,802 shares (52.76%).
2. Pamlico Shoals Targeted Opportunities Fund LP → 730,306,344 shares (12.36%)
3. William Potts → 610,461,538 shares (10.33%)
4. Steven Myers → 348,269,230 shares (5.89%)
5. Nicholas Nelson (Non-Executive Director) → 205,961,538 shares (3.49%)
6. Stuart Sharpless → 167,956,856 shares (2.84%)
7. Anthony Tennyson (Chief Executive Officer) → 108,400,689 shares (1.83%)
8. Paul Levinson → 75,000,000 shares (1.27%)
9. Victor Bolduev → 52,983,778 shares (0.89%)
10. Dennis Purcell (Chairperson) → 39,861,638 shares (0.67%)
Given this highly concentrated ownership structure, the free float will be exceptionally tight post-admission – 7.7% (~455M shares), which increases the potential for a rapid rerate on modest buying interest.