SIGNIFICANT SHAREHOLDERS
| Shareholder |
Shares |
Percentage |
| Scott Fletcher*** |
63,439,687 |
17.32% |
| Africa Finance Corporation |
54,988,520 |
15.01% |
| Polenergia International Societe A Responsabilite Limitee* |
29,111,719 |
7.95% |
| Michael Haworth* |
16,759,462 |
4.57% |
| Mrs & Mr Weatherhead** |
14,183,559 |
3.87% |
* Michael Haworth NEL's non-executive chairman holds 3,649,329 shares in his own name and 13,110,133 through a trust
** Mr & Mrs Weatherhead also hold 8,333,333 warrant instruments, which if exercised, would take their holding to 6.15% of the company’s enlarged share capital, assuming that no other warrants are exercised.
*** Scott Fletcher also holds 888,900 warrant instruments, which if exercised, would take his holding to 17.5% of the company’s enlarged share capital, assuming that no other warrants are exercised.
