WRAP Retail Offer for up to £100k

Huddled Group plc (AIM:HUD), the circular economy e-commerce group is pleased to announce a retail offer via the Winterflood Retail Access Platform ("WRAP") to raise up to £100,000 (the "WRAP Retail Offer") through the issue of new ordinary shares of £0.00040108663 each in the capital of the Company ("Ordinary Shares"). Under the WRAP Retail Offer up to 5,714,285 new Ordinary Shares (the "WRAP Retail Offer Shares") will be made available at a price of 1.75 pence per share.

In addition to the WRAP Retail Offer and as announced on 6 February 2026, the Company is also proposing a subscription of new Ordinary Shares (the "Proposed Subscription Shares" and together with the WRAP Retail Offer Shares, the "New Ordinary Shares") to raise approximately £800,000 (before expenses) (the "Proposed Subscription") at a price of 1.75 pence per Subscription Share (the "Proposed Subscription Price"). The Proposed Subscription Price represents a discount of approximately 8 per cent. to the mid-market closing price of an Ordinary Share on 5 February 2026 (being the latest practicable date prior to this announcement). The issue price of the WRAP Retail Offer Shares is equal to the Proposed Subscription Price.

A separate announcement has been made regarding the Proposed Subscription and its terms and sets out the reasons for the Proposed Subscription and use of proceeds. The proceeds of the WRAP Retail Offer will be utilised in the same way as the proceeds of the Proposed Subscription.

For the avoidance of doubt, the WRAP Retail Offer is not part of the Proposed Subscription. Completion of the WRAP Retail Offer is conditional, inter alia, upon the completion of the Proposed Subscription but completion of the Proposed Subscription is not conditional on the completion of the WRAP Retail Offer.

The WRAP Retail Offer and the Proposed Subscription are conditional on the New Ordinary Shares being admitted to trading on AIM ("Admission"). It is anticipated that Admission will become effective and that dealings in the New Ordinary Shares will commence on or around 12 February 2026. Further details will be provided upon completion of the Proposed Subscription and WRAP Retail Offer.

WRAP Retail Offer

Therefore, the Company is making the WRAP Retail Offer open to eligible investors in the United Kingdom following release of this announcement, being existing shareholders of Huddled Group Plc, and through certain financial intermediaries.

The WRAP Retail Offer is expected to close at 4:30pm on 9 February 2026. Eligible shareholders should note that financial intermediaries may have earlier closing times.

There is a minimum subscription of £100 per investor under the WRAP Retail Offer. The terms and conditions on which investors subscribe will be provided by the relevant financial intermediaries including relevant commission or fee charges.

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