TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES i

Companies

Latest directors dealings

UK 100

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Obtains access to the information in a personal capacity;
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Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.

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2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights		YES
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
An event changing the breakdown of voting rights
Other (please specify):

3. Full name of person(s) subject to the notification obligation: ⁱⁱⁱ	Artemis Investment Management LLP on behalf of discretionary funds under management
4. Full name of shareholder(s) (if different from 3.): ^iv
5. Date of the transaction and date on which the threshold is crossed or reached: ^v	26 May 2015
6. Date on which issuer notified:	27 May 2015
7. Threshold(s) that is/are crossed or reached: ^{vi, vii}	5%

8. Notified details:
A: Voting rights attached to shares ^{viii, ix}
Class/type of shares if possible using the ISIN CODE	Situation previous to the triggering transaction		Resulting situation after the triggering transaction
	Number of Shares	Number of Voting Rights	Number of shares	Number of voting rights		% of voting rights ^x
			Direct	Direct ^xi	Indirect ^xii	Direct	Indirect
GB00BM7S2W63	2,068,455	2,068,455	2,043,455	2,043,455	0	4.97%	0%

B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Expiration date ^xiii	Exercise/ Conversion Period ^xiv	Number of voting rights that may be acquired if the instrument is exercised/ converted.	% of voting rights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments ^{xv, xvi}

Resulting situation after the triggering transaction

Type of financial
instrument

Exercise
price

Expiration
date ^xvii

Exercise/
Conversion
period ^xviii

Number of voting
rights instrument
refers to

% of voting rights ^{xix, xx}

Total (A+B+C)
Number of voting rights	Percentage of voting rights
2,043,455	4.97%

Proxy Voting:
10. Name of the proxy holder:
11. Number of voting rights proxy holder will cease to hold:
12. Date on which proxy holder will cease to hold voting rights:

13. Additional information:
14. Contact name:	Martha Braddell
15. Contact telephone number:	0207 399 6067