Substantial Shareholders

The Company’s issued share capital consists of 780,571,489 Ordinary Shares, each share having one voting right.

19.6% of the voting Ordinary shares is not held in public hands.

Last updated 2nd October 2018

The Company is incorporated in the British Virgin Islands. Under the BVI Companies Act, shareholders are not obliged to disclose their interests in a company incorporated in the British Virgin Islands in the same way as shareholders of certain public companies incorporated in the United Kingdom are required to do under the FCA’s Disclosure Guidance and Transparency Rules (“DTRs”). The Company’s Articles of Association incorporate certain provisions which require shareholders to disclose their interests to the Company in terms similar to the DTRs to ensure compliance with Rule 17 of the AIM Rules for Companies.


Shareholder% of shares held
Captor Capital Corporation15.00%
Umnex Mineral Holdings (Pty) Limited8.48%
Global Hydrocarbons Limited6.90%
John Zorbas4.05%
Adam International4.07%
David Subotic3.16%

*  As per the last information sent to the company.