Shares

Number of shares:

Sphere Medical has in issue 141,757,872 Ordinary Shares of nominal value £0.01 each and 179,912,380 Convertible Preferred Shares of nominal value £0.01 each.

Number of options:

The number of options over Ordinary Shares held under Sphere Medical's Share Option Schemes is 11,927,246 as at 31 March 2017.

Number of warrants:

The number of Ordinary Shares which fall to be issued on the exercise of Warrants is 4,981,804.  The number of Convertible Preferred Shares which fall to be issued on the exercise of Warrants is 283,486,888. Save as disclosed above there are no shares or other securities convertible into Ordinary Shares or giving the right to subscribe for Ordinary Shares.

Investors

As at 12 October 2017 shareholders with a shareholding, directly or indirectly, of 3% or more of the issued share capital of the company are:

Fund Shares Percent
Woodford Investment Management Limited 184,270,019 57.3%
The Wales Life Sciences Investment Fund LP 60,435,861 18.8%