Cautionary announcement

Shareholders are advised that the Company is considering a potential transaction which, in respect of the Company, may involve a significant equity markets capital raising, the securing of an anchor shareholder, the acquisition of investment assets and an internal reorganization in support of these steps (“the Transaction”).

The potential Transaction remains highly conditional and will require, inter alia, regulatory and shareholder approvals.

Shareholders are accordingly advised to exercise caution when dealing in the Company’s securities until a further announcement is made.