Our document management and task management products enable over 67,000 professional paying users around the world to digitise their operations and be productive while working in the office or remotely.
Our overarching strategic objective is to create value by generating significant long-term growth in high-quality, predictable, recurring subscription revenue through our three core products, SmartVault, Virtual Cabinet and GetBusy.
Our customers are in generally resilient markets with favourable global trends towards improved consumer privacy regulation and productive remote working. We have a high proportion of recurring revenue and a low level of customer concentration.
Our 136 people operate from the UK, USA and Australia with offices in Cambridge, Houston and Sydney.
Other Exchanges And Trading Platforms On Which Securities Are Traded
None.
Restrictions On The Transfer Of AIM Securities
There are no restrictions on the transfer of securities.
Securities On Issue
49,425,572 ordinary shares of 0.15 pence each. Nil ordinary shares held in treasury.
Percentage Of Securities Not In Public Hands
69.1%
Significant Shareholders
The company has received disclosure of interest from, or is aware of, the following holders of more than 3% of the Company’s issued share capital as at 2 March 2021:
Shareholder Name
Percentage Of Shares
Mr Clive A Rabie
18.7%
BGF Investment Management Limited
14.4%
FMR LLC
9.8%
Canaccord Genuity Group Inc
9.1%
Mr Gregory J Wilkinson
7.5%
Herald Investment Management Limited
5.9%
Gresham House
4.6%
River & Mercantile
4.1%
Mr Daniel Rabie
3.2%
Takeover Code
The Company is a public company incorporated in England and Wales and its Ordinary Shares are admitted to trading on AIM. Accordingly, the City Code applies to all takeover and merger transactions in relation to the Company and operates principally to ensure that shareholders of the Company are treated fairly and are not denied an opportunity to decide on the merits of a takeover and that shareholders of the same class are afforded equivalent treatment. The City Code also provides an orderly framework within which takeovers are conducted and the Panel on Takeovers and Mergers has now been placed on a statutory footing.
