Exercise of Broker Warrants

Predator Oil & Gas Holdings Plc (PRD), the Jersey-based Oil and Gas Company with the Jersey based Oil and Gas Company with near-term hydrocarbon operations focussed on Morocco and Trinidad announces that it has received an exercise notice from Novum Securities Limited ("Novum") in respect of 5,221,203 warrants issued to it pursuant to warrant agreements with the Company:

2,890,908 of the warrants are exercisable at 5.5 pence per share;

1,780,412 of the warrants are exercisable at 5.7 pence per share; and

549,883 of the warrants are exercisable at 8.0 pence per share.

The Company has therefore allotted and issued to Novum the total of 5,221,203 new ordinary shares (the "New Shares") following receipt of the aggregate £304,474.06.

Application is being made for the New Shares to be admitted listing on the Official List and to trading on the Main Market of the London Stock Exchange's which is expected to be on or around 1 July 2024.

The New Shares rank pari passu with the existing ordinary shares of the Company. Following the issue of the New Shares, the Company's issued ordinary share capital shall consist of 570,382,865 ordinary shares of no par value. The figure of 570,382,865 represents the total voting rights in the Company and should be used by shareholders as the denominator for the calculation by which they can determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's ("FCA") Disclosure Guidance & Transparency Rules.

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