Issue of Equity

The Company has received notice by the lender pursuant to the debt facility announced on 14 November 2026 to convert an amount of £137,700 through the issue of 5,100,000 new ordinary shares ("Conversion Shares"). For the purposes of the conversion, the reference price was varied from 8 pence and adjusted to 2.7 pence (being the most recent placing price) as agreed in the terms of the debt facility should the Company complete a placing during the term of the loan.

Also, the Company shall issue 960,000 new ordinary shares to a service provider at an issue price of 7.5 pence and 213,333 new ordinary shares to a service provider at an issue price of 3.75 pence.

Admission and Total Voting Rights

The Company will seek admission of an aggregate of 6,273,333 new ordinary shares of 1 pence par value to trading on the Equity (transition) category of the Official List and the London Stock Exchange from 8.00 a.m. on 28 May 2026 ("Admission").

In accordance with the FCA's Disclosure Guidance and Transparency Rules, the Company confirms that following Admission, the Company's enlarged share capital will comprise 171,970,987 Ordinary Shares. The Company does not hold any Ordinary Shares in Treasury. Therefore, following Admission, the above figure may be used by shareholders in the Company as the denominator for the calculations to 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.