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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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