RE: Shares in circulation18 Feb 2019 12:30
You are correct. However in the propsectus on Page 59 it also says:
"In addition, Jarvis Investment Management Limited has undertaken to the Company, with effect from Admission,
that, other than in certain limited circumstances, it will not dispose of any interest it holds in the Ordinary Shares
held by it, for a period of 179 days from the date of issue."
So we have an unknown amount held by Jarvis as well which is all locked in for 6 months. Which will greatly reduce the freefloat as well. I'm told it was taken by friends and family however i have no idea how much of it.
The good news is that the tradable shares in freefloat is likely to be pretty small.