Following the announcement that the company has completed a conditional Placing and Subscription, and Open Offer please find the link to the Shareholder Circular below.

The purpose of this Document is, amongst other things, to explain the background to and reasons for the Placing and Subscription and Open Offer and to explain why the Board believes that they will promote the growth and success of the Company for the benefit of the Shareholders as a whole, and to seek Shareholder approval to the passing of the Resolution at the General Meeting.

This Document also contains the Directors’ recommendation that Shareholders vote in favour of the Resolution. Notice of the General Meeting at which the Resolution will be proposed, is set out at the end of this Document.