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Advisers and Registrar

Nominated Adviser and Broker

Numis Securities Limited
The London Stock Exchange Building
10 Paternoster Square
+44 (0) 20 7260 1000

Corporate Services and Advisory

Marwyn Capital LLP
11 Buckingham Street
+44 (0) 20 7004 2700

Company Secretary

Gen II Corporate Services (Jersey) Limited
47 Esplanade
St Helier
+44 (0) 1534 835600

Reporting Accountant and Auditor

Baker Tilly Channel Islands Limited
2nd Floor, Lime Grove House
Green Street
St Helier
+44 (0) 1534 755150

Solicitors to the Company

Travers Smith LLP
10 Snow Hill
+44(0)20 7295 3000


Link Market Service (Jersey) Limited
12 Castle Street
St Helier

Registrar - Shareholder Enquiries

If you are a shareholder and need any help, please contact us using the details below

0871 664 0300 (Calls cost 12p per minute plus network extras)
From outside the UK: +44 (0) 37 1664 0300

Lines are open Monday - Friday, 9:00am - 5:30pm GMT, excluding public holidays in England and Wales.

Board of Directors

Full biographies of the Board of Directors are available under About Us.

Country of Incorporation and Main Country of Operation

450 plc (formerly Wilmcote Holdings plc) was incorporated in Jersey under the Companies Law (Jersey) 1991, as amended, with a registration number 123424 and is registered as a UK establishment under registration number BR019423.

As 450 plc is incorporated in Jersey, the rights of shareholders may be different from the rights of shareholders in a UK incorporated company.

The Company’s main country of operations is the UK.

Investment Policy

The investment objective of 450 plc is to provide shareholders with attractive total returns achieved through capital appreciation. The Directors believe that opportunities exist to create significant value for shareholders through properly executed, acquisition-led growth strategies arising within the traditional and digital creative industries encompassing the content, media and technology sectors.

The Company may either seek to recruit sector-leading executive management in advance of an acquisition, or alternatively may consider identifying acquisition opportunities with impressive incumbent management teams that require a catalyst to unlock growth. The Company will look to achieve its investment objective by taking an active approach to investments made within the following parameters:

  • Types of investment: It is anticipated that the Company will acquire controlling or noncontrolling stakes in one or more businesses or companies (quoted or private) on a long-term basis, including the consideration of public offers for, or mergers with, existing listed businesses. The investments made by the Company may be in the form of equity or other types of capital investment.
  • Geographic focus: The Company’s principal focus will be on making investments in the UK, Europe or North America.
  • Sector focus: The Company intends to focus on the acquisition opportunities in the traditional and digital creative industries encompassing the content, media and technology sectors. The Directors believe that opportunities exist to create value for shareholders through a properly executed, acquisition-led strategy in one of these sectors.
  • Target companies: The Company will target companies with either a well-established presence in their specific segments or companies which are in a position to become leaders in their specific segments, and which fit into the stated geographic and asset criteria guidelines.
  • Extent of controlling interests: It is envisaged that the Company will make one or more acquisitions of controlling or noncontrolling stakes.
  • Nature of returns: It is anticipated that returns to shareholders will be delivered primarily through an appreciation in the Company’s share price.

Subject to the structure of the transaction, the Company may need to raise additional funds for an acquisition in the form of equity and/or debt. Depending on the composition of the Company’s share register, it is possible that any equity fundraising for those purposes will, subject to the necessary shareholder approval, be carried out on a non-pre-emptive basis to allow for the diversification of the Company’s shareholder register and to obtain sufficient equity funding.

Company Documents

Number of AIM Securities in Issue

As at 31 December 2023, the Company had 670,833,336 ordinary shares of no par value in issue.

Significant Shareholders

As at 31 December 2023, the Company was aware of the following shareholders holding more than 3 percent of the total voting rights of the Company:

Ordinary Shares Held Percentage of Issued Share Capital
Marwyn Investment Management 639,685,278 95.36%
As at 31 December 2023, the percentage of AIM securities not in public hands was 95%.

Details of Restrictions on Transfer of AIM Securities

There are no restrictions on the transfer of the Company’s AIM securities.

UK City Code

450 plc is subject to the UK City Code on Takeovers and Mergers.

Regulatory News

Regulatory news service announcements made by the Company are available under Regulatory News.