The Company announces that it has received an exercise notice from an employee to exercise options over 15,000 ordinary shares of 1p each ("Ordinary Shares") at an exercise price of 1 pence per Ordinary Share. Accordingly, the Company has transferred 15,000 Ordinary Shares out of treasury to satisfy this exercise (the “Transfer”).

The Company advises that, following the Transfer, the Company's issued share capital is 48,735,005 Ordinary Shares (including 274,000 Ordinary Shares held as treasury shares). Therefore the Company's total number of Ordinary Shares with voting rights is 48,461,005.

The above figure of 48,461,005 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.

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