Result of WRAP Retail Offer

Tiger Alpha Plc is pleased to confirm, further to the announcements made on 22 June 2026, the result of its WRAP Retail Offer at the Fundraise Price of £0.05 per share. The Company announces that it has raised aggregate gross proceeds of £116,963 pursuant to the WRAP Retail Offer, alongside the previously announced Fundraise. Accordingly, the Company will issue a total of 2,339,260 New Ordinary Shares at the Fundraise Price pursuant to the WRAP Retail Offer.

In total, the Placing and Subscription and the WRAP Retail Offer have raised gross proceeds of approximately £4.9 million for the Company, via the placing and subscription of 95,000,000 Fundraise Shares and the 2,339,260 WRAP Retail Offer Shares.

As announced on 22 June 2026, the Company is proposing a share consolidation at the General Meeting whereby holders of existing ordinary shares of £0.001 each in the capital of the Company ("Existing Ordinary Shares") will receive 1 New Ordinary Share for every 10 Existing Ordinary Shares (the "Share Consolidation"). Shareholders should note that the Fundraise Price and the issue price of the WRAP Retail Offer Shares are stated on a post-Share Consolidation basis. On an equivalent pre-Share Consolidation basis, this represents a price of £0.005 per Existing Ordinary Share.

The issue of the WRAP Retail Offer Shares is conditional upon, inter alia, the passing of certain resolutions to be put to shareholders of Tiger Alpha Plc at a General Meeting, which is expected to be held at the Company's registered office at 2.00 p.m. on 10 July 2026 (the "General Meeting").

Admission and Total Voting Rights

Applications will be made for 85,394,398 New Ordinary Shares resulting from the Share Consolidation and 297,339,260 New Ordinary Shares comprising the Consideration Shares, the Fundraise Shares and the WRAP Retail Offer Shares to be admitted to trading on AIM ("Admission"). Admission is expected to become effective on or around 8.00 a.m. on or around 13 July 2026.

Upon Admission and following the Share Consolidation, the Company's issued ordinary share capital will consist of 382,733,658 New Ordinary Shares with one voting right each. Following the Share Consolidation, the Company will hold 45,000 New Ordinary Shares in treasury. Therefore, from Admission the total number of voting rights in the Company will be 382,688,658. With effect from Admission, this figure may be used by Shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

The New Ordinary Shares to be issued pursuant to the WRAP Retail Offer will be issued free of all liens, charges and encumbrances and will, on Admission, rank pari passu in all respects with the New Ordinary Shares to be issued pursuant to the Fundraise and the Company's post consolidation New Ordinary Shares.

Issue of Warrants

Further to the publication of the Admission Document on 22 June 2026, the Company confirms that Lord Johnson and JC Oliver, proposed directors of the Company on Admission, will be granted 6,049,592 and 4,033,061 warrants respectively over New Ordinary Shares, conditional on shareholder approval of the transaction at the General Meeting.

Therefore, upon Admission and following the Share Consolidation, the total number of warrants outstanding over New Ordinary Shares in the Company will be 30,655,178.

Terms used but not defined in this announcement have the same meaning as set out in the Company's announcement released at 22 June 2026 at 7.01 a.m.