Lock-in Arrangements
Share Transfer Restrictions
Shareholders representing 91.82% of the total Ordinary Share Capital of the Company have undertaken to the Company, Strand Partners and Arbuthnot Securities that, except in certain limited circumstances, they will not dispose of any interest in the Ordinary Shares held by them for a period of six months from the 19th June 2007.
Shareholders representing 3.56% of the total Ordinary Share Capital of the Company have undertaken to the Company, Strand Partners and Arbuthnot Securities that, except in certain limited circumstances, they will not dispose of any interest in the Ordinary Shares held by them for a period of twelve months from 19 June 2007.
In aggregate, 120,239,750 New Ordinary Shares representing approximately 95.38 per cent. of the Share Capital are subject to the lock-in agreements referred to above.
Further details can be found on page 23 of the “Acquisition” announcement issued via RNS on 25 May 2007.