Last updated: 6 August 2010

Details of any restrictions on the transfer of AIM securities

 

In accordance with Rule 7 of the AIM Rules for Companies, the Directors and Yiannis Panayi have undertaken, save in limited circumstances, not to dispose of any of their interests in Shares for a period of one year from the date of Admission, and thereafter to consult with Fairfax prior to any sale so as to ensure an orderly market in the Shares is maintained. The Directors and Yiannis Panayi have agreed that the lock-in period will be automatically extended for one year following the date upon which the Company raises additional capital by way of a placing, open offer or rights issue of Shares during the initial one year lock-in period.

 

In aggregate, 2,485,000 Shares, representing 54.84 per cent. of the issued share capital of the Company immediately following Admission, are subject to the lock-in arrangements referred to above.

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