Director/PDMR Shareholding

1.

Details of Restricted Person / person closely associated with them ("PCA")

a)

Name

1. A MANZ

2. S MORIARTY

b)

Position / status

1. MEMBER OF EXECUTIVE COMMITTEE

2. MEMBER OF EXECUTIVE COMMITTEE

c)

Initial notification / amendment

INITIAL NOTIFICATION

2.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument

ORDINARY SHARES 28 101/108 PENCE

b)

Nature of the transaction

1.a) EXERCISED OPTIONS OVER ORDINARY SHARES AND SUBSEQUENTLY SOLD ALL THE RESULTING ORDINARY SHARES*

b) SALE OF ORDINARY SHARES*

*Note A Manz will be leaving the Company on 30 September 2016

2.a) EXERCISED OPTIONS OVER ORDINARY SHARES AND SUBSEQUENTLY SOLD 44,482 OF THE RESULTING SHARES AND RETAINING THE REMAINING BALANCE OF 449.

b) SALE OF ORDINARY SHARES

c)

Price(s) and volume(s)

d)

Aggregated information

N/A

e)

Date of the transaction

29 JULY 2016

f)

Place of the transaction

LONDON STOCK EXCHANGE