Executive Summary

Share plc is the holding company of The Share Centre Limited ('The Share Centre'). The Share Centre is one of the UK's leading independent retail stockbrokers. The Share Centre's main business is the provision and administration of execution-only and advisory trading accounts (referred to as Share Accounts), Individual Savings Accounts, Personal Equity Plans which have now converted to ISAs, Child Trust Fund accounts and Investment Club Share Accounts to private investors, both directly and through corporate customers, throughout the UK. In addition, The Share Centre acts as an administrator of Share Incentive Plans and Enterprise Investment Scheme portfolios and promotes a Self-Invested Personal Pension Plan product which is administered by a third-party. The Share Centre also operates Sharemark, a periodic auction-based share trading facility, on which the shares of Share plc and other companies are traded.

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