AIM Rule 26

The following information is disclosed in accordance with Rule 26 of the AIM Rules

(Last updated: 17/09/2017)

DESCRIPTION OF THE BUSINESS

The Company's strategy is to create value for Shareholders through investing in companies that have the potential to generate substantial revenues through the development of biopharmaceutical drugs. More Information

DIRECTORS AND BIOGRAPHICAL DETAILS

Please follow the link below for the names of the directors and brief biographical details of each

Board of Directors

DIRECTORS' RESPONSIBILITIES

Please follow the link below for a description of Directors' responsibilities

Board of Directors

BOARD COMMITTEES

Please follow the link below for information on the Audit, Nomination and Remuneration Committees together with the membership of those committees

Board of Directors

CORPORATE GOVERNANCE

Please follow the link below for information on Governance, Committees and CSR

Governance, Committees and CSR

COUNTRY OF INCORPORATION AND MAIN COUNTRY OF OPERATION

Port Erin Biopharma Investments Limited is incorporated in the Isle of Man (Company number 006874V), which is also its main country of operation

Board of Directors

ARTICLES OF ASSOCIATION

Please follow the link below for the Articles of Association

Memorandum and Articles of Association (4 May 2011)

SHAREHOLDERS' RIGHTS

As Port Erin Biopharma Investments Limited is incorporated in the Isle of Man, shareholders' rights may be different from the rights of shareholders in another jurisdiction.

DETAILS OF ANY OTHER EXCHANGES OR TRADING PLATFORMS

None

NUMBER OF SECURITIES IN ISSUE

The Company's issued share capital consists of 23,195,558 fully paid Ordinary Shares of £0.000001 each ('Ordinary Shares'), each share having equal voting rights

The Company does not hold any Ordinary Shares in treasury and therefore the total number of Ordinary Shares with voting rights is 23,195,558

(Last updated: 17/09/2017)

Name

Number of Ordinary Shares

Percentage of Share Capital

Galloway Limited (1)

5,455,313

23.5

Share Nominees Ltd.

1,350,003

5.8

Hargreaves Lansdown (Nominees) HLNOM ACCOUNT

1,319,887

5.7

Jim Mellon (1)

1,273,960

5.5

The Bank of New York (Nominees) Limited 365068 ACCOUNT

1,250,000

5.4

Vicados Nominees Ltd BJB ACCOUNT

1,050,000

4.5

Idealing Nominees Ltd IDLNOM ACCT

877,403

3.8

Notes:

  1. Galloway Limited is indirectly wholly owned by Jim Mellon

Directors' Shareholdings

As at 17 March 2017:-. 

Name

Number of Ordinary Shares

Percentage of the Share Capital

Jim Mellon(1)

6,729,273

29.0%

Notes:

  1. Jim Mellon indirectly wholly owns Galloway Limited which holds 5,455,313 Ordinary Shares

PERCENTAGE OF THE COMPANY'S ISSUED SHARE CAPITAL THAT IS NOT IN PUBLIC HANDS

In accordance with the AIM Rules (Rule 26), in so far as the Company is aware, the percentage of the Company's issued share capital that is not in public hands is 29.0%

(Last updated: 17/09/2017)

DETAILS OF ANY RESTRICTIONS ON THE TRANSFER OF SECURITIES

There are no restrictions on the transfer of securities

UK CITY CODE ON TAKEOVERS AND MERGERS

The Company is subject to the UK City Code on Takeovers and Mergers

FINANCIAL INFORMATION

Please follow the link below for access to the Company's annual and interim reports

Investor Homepage

COMPANY ANNOUNCEMENTS

Please follow the link below to access notifications made by the Company in the past 12 months

News Centre

ADMISSION DOCUMENT

AIM Admission Document (19 September 2011)

CIRCULARS

News Announcements

REGISTERED OFFICE

18 Athol Street, Douglas, Isle of Man, IM1 1JA

Advisors

Nominated Adviser and Broker

Northland Capital Partners Limited
60 Gresham St
4th Floor
London
EC2V 7BB
United Kingdom

 

Joint Broker

Peterhouse Corporate Finance Limited
31 Lombard Street
London
EC3V 9BQ

 

Reporting Accountant and Auditor

KPMG Audit LLC
Heritage Court
41 Athol Street
Douglas
Isle of Man
IM99 1HN

 

Legal Advisers to the Company

As to Isle of Man Law                                          
Long & Humphrey
The Old Courthouse
Athol Street 
Douglas
Isle of Man
IM1 1LD

As to English Law
Hill Dickinson LLP
The Broadgate Tower
20 Primrose Street
London
EC2A 2EW

Registrars

Capita Registrars (Isle of Man) Limited
Clinch's House
Lord Street
Douglas
PO BOX 227
IM99 1RZ
Isle of Man

 

 


Shareholder Enquiries

Telephone: 0871 664 0300 (Calls cost 10 pence per minute plus network extras)

Lines are open Monday - Friday, 9:00am - 5.30pm (from outside the UK: +44 (0) 20 8639 3399)

E-mail: ssd@capitaregistrars.com