Companies House now has a notice of "Resolution of removal of pre-emption rights".
Which means this ...
Shareholders in a company will often benefit from ‘pre-emption rights’. These give existing shareholders first refusal when a company is issuing new shares. If pre-emption rights exist, new shares in a company cannot be offered to other potential investors without first being offered to the current shareholder.
So the current directors/shareholders are offered the new shares first, if the shares are not taken up they can be offered to outside investors.
Is this just procedure for issuing new shares to Simon Hallett or a move to entice outside investment and funding?