Directors' Subscriptions for New Ordinary Shares

The information contained within this announcement is deemed by the Company to constitute inside information for the purposes of Article 7 of EU Regulation 596/2014 (which forms part of domestic UK law pursuant to the European Union (Withdrawal) Act 2018) ("UK MAR"). Upon the publication of this announcement via a Regulatory Information Service, this information is considered to be in the public domain.

For immediate release

27 January 2023

BOSTON INTERNATIONAL HOLDINGS PLC

("BIH" or the "Company")

Directors' Subscriptions for New Ordinary Shares

The board of directors of BIH announces that the Directors of the Company have subscribed for an aggregate of 16,000,000 new ordinary shares of 0.1 pence each in the Company (the "New Ordinary Shares") at a subscription price of 0.5 pence per share in cash, raising £80,000 for the Company.

Further details of the Directors' individual subscriptions are set out in the table below:-

Applications [will be/have] made for the New Ordinary Shares to be admitted to listing on the Official List (standard listing segment) and to trading on the London Stock Exchange's main market for listed securities (together "Admission"). It is anticipated that Admission will take place at 8.00 a.m. on 3 February 2023.

Use of Proceeds

The Directors intend to use the funds from the subscriptions to fully evaluate several potential attractive opportunities presently under consideration with a view to making a decision on which (if any) to progress to a transaction.

Total Voting Rights

Following the issue of the New Ordinary Shares, the Company's issued share capital consists of 128,219,943 ordinary shares of 0.1 pence, each with one voting right. The Company does not hold any ordinary shares in treasury. Therefore, the total number of voting rights in the Company is 128,219,943.

The above figure of 128,219,943 should be used by shareholders in the Company as the denominator for the calculation by which they may 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.

For more information, please contact:-

The following information relating to the transactions by each of the Directors has been filed with the Financial Conduct Authority in accordance with Article 19(1) of UK MAR.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.