Stari Most, stone bridge

Significant Shareholders of the Company

Shares in issue 68,299,236 USD0.10 Ordinary Shares in issue at 31 March 2017, excluding 6,829,924 shares held in treasury.

Major Shareholders Information
Shareholder NameAmountPercentage %
City of London Investment Management Co17,725,41428.84
VR Capital Group9,657,03015.71
Mr Lars E Bader9,110,06514.82
Gramercy Emerging Markets Equity7,245,02911.79
Worldwide Opportunity Fund (Cayman) Ltd (note 1)5,435,5558.84
Old Mutual Global Investors3,547,1385.77
Director Shareholdings
Dirk Van den Broeck854,0681.25

Note 1: Worldwide Opportunity Fund ("WWOF") is managed by Terra Partners Asset Management Limited ("TPAM") which is also the Company's Investment Manager. The principals of TPAM are Filip Montfort, Yarden Mariuma and Howard Golden. Mr Montfort holds 1.40% of the shares in issue in WWOF (in addition to his direct holding of 863,393 Ordinary Shares in the Company); Mr Mariuma holds 1.41% in WWOF (and 865,820 Ordinary Shares directly in the company) and Mr Golden holds 12.41% of the shares in WWOF either directly or beneficially (and 459,805 Ordinary Shares directly in the Company, and 690,103 shares as a beneficiary totalling 1.68%)

Note 2: Director Dirk van den Broeck holds the total of 854,068 shares noted above together with his wife, but not jointly.

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