PCGH ZDP plc information (“the Subsidiary”)

The Subsidiary was incorporated and registered in England and Wales on 30 March 2017 with registered number 10700107 as a public company limited. The Subsidiary has a limited life and the Directors are required to convene a general meeting on 19 June 2024 (unless varied by the holders of the holders of the Zero Dividend Preference Shares (“ZDP shares”)) to propose a resolution to wind up the Subsidiary.

Each ZDP share is entitled to 122.99p on 20 June 2024 on the winding up of the Subsidiary.

On 19 June 2017 the Subsidiary issued 32,128,437 Zero Dividend Preference shares at 100p each. These shares are listed on the London Stock Exchange.

The proceeds of the ZDP Share issue were advanced to PCGH under the terms of a loan agreement for investment by PCGH in accordance with its Investment Policy.