Ann: Change in substantial holding, page-6

I have been in ST1 for a long time now. I think the business is seeing a massive turn around with Sol now as MD. I also own UWL and 5GN, and all three businesses are doing very well.

I was very disappointed that there wasn't a SPP and I am guessing some investors could have sold out due to that and decided to invest elsewhere. I can't blame them really, but I do believe in the business and it's very much a long term hold for me. I think the announcement of their next acquisition will be a large catalyst and then hopefully they start to generate great cash flow like UWL have done to perfection with the businesses they have acquired.