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Issue of Shares

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Pursuant to the minority investment by the Company's group into the South African, minority-owned, digital media business, Hoorah Digital Proprietary Limited, announced on 8 October 2024, the Company has agreed to issue 1,404,991 ordinary shares of 25 pence each in the capital of the Company, credited as fully paid to the seller (the "Shares").

Applications have been made to the FCA and to the London Stock Exchange for the Shares to be admitted to the equity shares (transition) category of the Official List of the FCA and to trading on the London Stock Exchange's Main Market for listed securities respectively ("Admission"). It is expected that Admission will become effective at 8.00 a.m. on 11 October 2024.

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