Gledhow Investments plc

Peterhouse Capital Ltd, 3rd Floor, 80 Cheapside, London, EC2V 6EE

+44 (0)207 486 3997

gm@gledhowinvestments.com

(Incorporated in England with Registered Number 3848331)

Company Activities
The Company invests in small to medium sized undervalued or fast growing companies, with the investment objective of achieving long term capital growth in excess of the FTSE All Share Index. The directors intend to continue with this strategy for the foreseeable future. The Company builds up positions in AIM, LSE and Aquis Exchange traded companies, including those companies at early stages of development, and some pre-IPO investments.

Directors
Guy Miller (Director)
Guy's small-cap experience started initially from working for a confirming house, specialised in lending to small businesses. He joined Ruegg & Co., an AIM Nominated Adviser and ISDX Corporate Adviser in January 2007, subsequently joined St Helens Capital Partners LLP where he continued to specialise in small-cap advisory and IPO work and now works in corporate advisory at Peterhouse Corporate Finance Limited. He was a founder and non-executive director of ARH Leisure Investments plc, an ISDX Growth Market company that subsequently acquired an IP commercialisation company, by way of reverse takeover. Guy has also worked for a producing mining company, listed on the Toronto Stock Exchange, for four years. He holds a Bachelor of Arts (Hons) degree in business studies from Thames Valley University in London.

Geoffrey Melamet (Non-Executive Director and Company Secretary)
Geoff Melamet began his career in stockbroking and financial analysis on the Johannesburg Stock Exchange before moving to the United Kingdom in 1984 where he became involved in trade finance. He has a BA in Econ. Sc. and an MBA, both from the University of the Witwatersrand - South Africa and is a member of the International Tax Planning Association and a full member of the Society of Trust and Estate Practitioners. He sits as a non executive director on a number of companies as well as being a trustee of a charitable organisation.

Share Price, Holdings and Exchange
Number of Securities in Issue:
The Company has 87,622,344 Ordinary Shares of 1p each in issue, that are freely transferrable and rank Pari passu in all respects. The Company holds 9,949,084 Ordinary Shares of 1p each in Treasury.

The Company is quoted on the AQSE Growth Market.

Percentage of shares in public hands:
26.5% of shares are in public hands.

Outstanding instruments convertible into securities:
In February 2018, the following options were granted, exercisable at 1 pence per share, valid for 5 years:
2,500,000 (Guy Miller)
2,500,000 (Brett Miller)
1,000,000 (Geoffrey Melamet)

If all warrants are exercised, this will result in 9.09% dilution to ordinary shareholders.

Following the 4 June 2021 £850,000 fundraising announcement, there will be 24,285,714 placing warrants, exercisable at 3 pence per share, valid for 18 months.

Substantial shareholdings:

Shareholder	No. of Ordinary Shares	%
C. Rowan	40,851,991*	41.86%
Thomas Grant Nominees Limited	12,123,804	12.4%
Burns Singh Tennent-Bhohi	8,060,000	9.2%
Monecor (London) Limited	2,857,136	2.93%
Geoffrey Melamet	500,000	0.51%
Guy Miller	264,700	0.27%

* of the above 40,851,991 shares, 7,000,000 shares are held by Sunvest Corporation Limited, a company controlled by C Rowan.

Corporate Governance
The Directors are committed to maintaining high standards of corporate governance, and, so far as is practicable given the Company’s size and nature, to comply with the QCA Code.

The Board holds at least four board meetings a year and will also hold timely board meetings as and when issues arise which require its attention. The Board is responsible for the management of the business of the Company, setting the strategic direction of the Company.

The Board has not formally established committees – Remuneration, Audit, Risk and Compliance and an audit and Risk Committee.

The Company has established Financial Position and Prospects procedures and adopted an anti-bribery and corruption policy.

Read full details here.

Articles and Memorandum of Association