Rule 75

Incorporation

The Company was incorporated and registered in England and Wales on 27 November 2006 under the Companies Act 1985.

 

Issued Share Capital

As at 30 August 2017, the issued share capital of the Company is 1,090,474,743 ordinary shares of 0.1p.

 

 

Shareholders Over 3%

Name

Shares Controlled

% Holding

JIM Nominees Limited

886,600,785

82.41%

 

Share Options in Issue

Name

Options Granted Over Ordinary Shares

Exercise Price

Expiry

Tomas Nugent

50,000,000

0.1p

31 December 2023

Edward Taylor

10,000,000

0.1p

31 December 2023

Patrick Griffiths

10,000,000

0.1p

31 December 2023

 

Convertible Loan Notes in Issue

Expiration Date

Amount

Conversion Price

Annual Interest

8 January 2018

£55,000

0.1p

20%

30 January 2018

£27,500

0.1p

20%

30 January 2018

£27,500

0.1p

20%

14 May 2018

£20,000

0.14p

20%

There are a total of 70,000,000 Share Options over ordinary shares in issue. If all Options were to be exercised, the total issued share capital of the Company would comprise 1,160,474,743 ordinary shares.

In the event of all Convertible Loan Notes being converted into ordinary shares, there would be an additional 130,000,000 ordinary shares issued. Therefore the total issued share capital of the Company would be 1,220,474,743 ordinary shares.

In the event of all the Share Options being exercised, and all the Convertible Loan Notes being converted to ordinary shares, the total issued capital of the Company would be 1,290,474,743 ordinary shares.

 

Regulatory Announcements

To view the announcements made by the Company, please click HERE

 

Recent Circulars

 

Share Fraud Warning to Shareholders - Boiler Room Scams

Share fraud includes scams where investors are called out of the blue and offered shares that often turn out to be worthless or non-existent, or an inflated price for shares they own. These calls come from fraudsters operating in ‘boiler rooms’ that are mostly based abroad. While high profits are promised, those who buy or sell shares in this way usually lose their money.

The Financial Conduct Authority (FCA) has found most share fraud victims are experienced investors who lose an average of £20,000, with around £200m lost in the UK each year.

Protect yourself

If you are offered unsolicited investment advice, discounted shares, a premium price for shares you own, or free company or research reports, you should take these steps before handing over any money:

  • Get the name of the person and organisation contacting you.
  • Check the FSA Register at http://www.fca.org.uk/register/ to ensure they
  • are authorised.
  • Use the details on the FCA Register to contact the firm.
  • Call the FCA Consumer Helpline on 0800 111 6768 if there are no contact details on the Register or you are told they are out of date.
  • Search the list of unauthorised firms and individuals to avoid doing business
  • with.
  • REMEMBER: if it sounds too good to be true, it probably is!

If you use an unauthorised firm to buy or sell shares or other investments, you will not have access to the Financial Ombudsman Service or Financial Services Compensation Scheme (FSCS) if things go wrong.

Report a Scam

If you are approached about a share scam you should tell the FSA using the share fraud reporting form at http://www.fca.org.uk/consumers/scams , where you can find out about the latest investment scams. You can also call the Consumer Helpline on 0845 606 1234.

If you have already paid money to share fraudsters you should contact Action Fraud on 0300 123 2040