Exercise Warrants PDMR Dealing Total Voting Rights

MicroSalt plc, a company commercialising a patented technology to produce full-flavour, low-sodium salt for food manufacturers and consumers, announces that 476,747 ordinary shares of £0.001625 each ("Ordinary Shares") have been allotted to certain shareholders, including Judith Batchelar, non-Executive Chair and a PDMR, to satisfy the exercise of warrants in the Company.

Exercise of Warrants

Further to the announcement dated 24 May 2024, the Company has exercised its right under the warrant instrument dated 26 January 2024 to call outstanding warrants over 7,313,976 Ordinary Shares ("Warrants"), pursuant to which a further 476,747 Ordinary Shares have been exercised by warrant holders ("Warrant Exercise"). The Warrants are exercisable at a price of 47.3 pence per Ordinary Share. Further details of the Warrants are contained in the Company's Admission Document, available on the Company's website www.microsalt.co.

Application has been made to the London Stock Exchange for the admission of 476,747 new Ordinary Shares. It is expected that admission will become effective on or around 20 June 2024 ("Admission").

PDMR Dealing

Judith Batchelar has exercised 46,512 Warrants pursuant to the Warrant Exercise. Following the Warrant Exercise and subject to Admission, Judith Batchelar will have an interest in 93,024 Ordinary Shares, representing 0.2% of the Total Voting Rights of the Company and will no longer hold any warrants. She also has an interest in 804,800 Ordinary Shares under options in the Company.

Total Voting Rights

Following Admission, the total number of ordinary shares and voting rights in the Company will be 47,147,401. The Company does not hold any shares in treasury.

Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014