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Exercise of Stock Options and Total Voting Rights

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MicroSalt plc has announced the allotment of 341,527 ordinary shares to satisfy the exercise of stock options, increasing the total number of ordinary shares in issue with voting rights to 52,304,803. These new shares, which will rank pari passu with existing shares, are expected to be admitted to trading on AIM around November 26, 2025. This figure of 52,304,803 will serve as the denominator for shareholders calculating their notification obligations under FCA rules.

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MicroSalt plc (AIM: SALT), a leading provider of full-flavour natural salt with approximately 50% less sodium, announces that a total of 341,527 ordinary shares of £0.001625 each in the capital of the Company ("Ordinary Shares") ("Option Shares") have been allotted to two shareholders to satisfy the exercise of options over Ordinary Shares.

Options over an aggregate of 628,000 Ordinary Shares were exercised on a cashless basis under option agreements entered into in December 2021 and November 2022. Due to the cashless basis of the exercise a total of 341,527 Option Shares were allotted and issued. Pursuant to the terms of the option agreements, the exercise prices of the Option Shares were US$0.25 and US$0.545.

Application has been made to the London Stock Exchange for admission of the Option Shares to trading on AIM ("Admission"). It is expected that Admission will become effective on or around 26 November 2025.

Following the issue of the Option Shares, which on Admission will rank pari passu with the existing Ordinary Shares, the total number of Ordinary Shares in issue with voting rights in the Company will be 52,304,803. There are no Ordinary Shares held in treasury.

The above figure of 52,304,803 may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or change to their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

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