Aim Rules for Companies
The Company is admitted to trading on the AIM market of London Stock Exchange plc and is subject to the AIM Rules for Companies (the "AIM Rules"). The AIM rules require the appointment of a Nominated Adviser who is responsible for advising and guiding the Company on its responsibilities thereunder. The ongoing responsibilities of the Nominated Adviser include regular contact between the Company and the Nominated Adviser to enable the Nominated Adviser to be kept up-to-date with developments at the Company and to advise on the Company's ongoing obligations under the AIM Rules. As part of such regular contact, the Company's Nominated Adviser is invited to attend all board meetings as an observer.
City Code on Takeovers and Mergers
The Company is incorporated in the UK and is subject to the UK City Code on Takeovers and Mergers.