Exercise of Warrants, Expiry of Warrants and TVR

A total of 73,823,529 warrants have been exercised at 0.15p per share and 6,000,000 warrants have been exercised at 0.3p per share, resulting in proceeds received of £128,735.

A total of 79,823,529 ordinary shares of 0.01p nominal value each ("Ordinary Shares") have been issued following these warrant exercises.

A total of 1,176,327,679 Ordinary Shares have now been issued pursuant to the exercise of warrants at 0.15p per share under the Block Listing Application announced on 3 October 2024, amounting to 94% of the 0.15p warrants under the Block Listing Application.

Application will be made to the London Stock Exchange for admission of the 6,000,000 Ordinary Shares resulting from the issue of the 0.3p warrants that were not covered by the Block Listing Application, on resumption of trading on AIM in due course, either in conjunction with the completion of the RTO as announced on 31 March 2025 or otherwise.

Expiry of Warrants

Following the exercise of the warrants above, warrants at 0.3p, 0.15p and 0.039p remain outstanding. The warrants at 0.3p and 0.15p expire on 30 June 2025, and the 0.039p warrants expire on 31 July 2025. Investors intending to exercise their warrants before expiry should ensure that their exercise notices and cleared funds are received by the Company before these dates.

Total Voting Rights

Following the issue of the Ordinary Shares as described above, the Company's issued share capital consists of 9,951,827,989 ordinary shares with a nominal value of 0.01p each, with voting rights. The Company does not hold any Ordinary Shares in Treasury.