Director/PDMR Shareholding

1

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

(a)

Name

Harry Hyman

(b)

Position/status

Managing Director

(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 of 12.5p

(b)

Nature of the transaction

Purchase in monthly share plan

(c)

Price(s) and volume(s)

Price(s)

Volume(s)

£1.1173

87

(d)

Aggregated information

Aggregated volume price

Single transaction

(e)

Date of transaction

4 August 2016

(f)

Place of transaction

London Stock Exchange (xlon)