Block Listing of Ordinary Shares

Application has been made to the Financial Conduct Authority and the London Stock Exchange for a block listing of 2,296,030 ordinary shares of £nil par value each in the capital of the Company (the "Shares") to be admitted to the Official List. It is anticipated that the Shares will be admitted on 5 August 2024.

The Shares are being reserved under a block listing and will be issued, as and when required, to the Company's current and former directors, partners and employees to satisfy the exercise of options in accordance with the terms of the Company's Performance Share Plan. Shares issued under the scheme will utilise those shares currently held in treasury (629,562) first before new shares are issued. Shares issued under the scheme are held for a minimum period of two years with the block listing currently estimated to satisfy the Company's needs over the medium term.

When issued, the Shares will rank pari passu in all respects with the existing issued shares of the Company.