|
The Company has issued the following warrants, options and convertible loan notes: |
| ORDINARY SHARES 10 PENCE EACH AS AT 28 July 2008 |
| |
TOTAL |
| AUTHORISED |
200,000,000 |
| ISSUED AND OUTSTANDING |
72,674,911 |
|
|
|
| PURCHASE WARRANTS |
| EXERCISE PRICE |
EXPIRY DATE |
|
| £0.75 |
January 2009
|
273,450 |
|
|
|
| CONVERTIBLE LOAN NOTES |
|
|
| EXERCISE PRICE |
EXPIRY DATE |
NO OF SHARES |
| £0.95 |
October 2010 |
2,700,000* |
| £0.50 |
July 2011 |
400,000* |
* Assumptions are that all interest is paid in cash and all loan notes converted to shares at expiry date.
|
| PURCHASE OPTION SCHEME |
EXERCISE PRICE VENDOR OPTIONS |
EXPIRY DATE
|
NO OF SHARES |
| £0.80 |
October 2009 |
2,000,000 |
| |
|
|
|
|
|
EMPLOYEE OPTIONS |
|
|
|
£0.85 |
May 2011 |
740,000 |
| £0.95 |
July 2012 |
350,000 |
| £1.00 |
January 2013 |
1,125,000 |
|
£1.00 |
October-December 2014 |
460,000 |
|
£1.00-£1.20 |
April-December 2015 |
1,560,000 |
|
£0.60-£0.76 |
January-May 2016 |
1,380,000 |
|
|
|
|
| FULLY DILUTED SHARE CAPITAL |
83,663,361 |
Please check RNS announcements for any recent changes.
If all the outstanding warrants and options are exercised, the fully diluted share capital of the Company will be 83,663,361 ordinary shares of 10p each. |
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