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 313,955 ordinary shares of £0.001625 each ("Ordinary Shares") have been allotted to certain shareholders, including Gary Urmston, Non-Executive Director 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 313,955 Ordinary Shares have been issued to 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 313,955 new Ordinary Shares. It is expected that admission will become effective on or around 19 July 2024 ("Admission").

PDMR Dealing

Gary Urmston has exercised 46,512 warrants over Ordinary Shares pursuant to the Warrant Exercise. Following the Warrant Exercise and subject to Admission, Gary Urmston 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.

Total Voting Rights

Following Admission, the total number of ordinary shares and voting rights in the Company will be 47,786,900. The Company does not hold any shares in treasury.

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