The following amendment has been made to the 'Director / PDMR Shareholding' announcement released on 3 April 2024 at 09:15 under RNS No 1379J.

The date of the awards referred to has been changed from 3 April 2024 to 2 April 2024.

All other details remain unchanged.

The full amended text is shown below.

FOR IMMEDIATE RELEASE                                                                                                  3 April 2024

CAPRICORN ENERGY PLC ("Capricorn" or the "Company")

Interests of Directors / Persons Discharging Managerial Responsibility ("PDMRs")

in the Company's Shares

1.         Grant of 2024 Awards under the Company's Long Term Incentive Plan (2017)

Capricorn announces that, on 2 April 2024, the following awards (in the form of "nil-cost" options) ("Awards") over its ordinary shares of 735/143 pence each ("Shares") were made under the Long Term Incentive Plan approved by shareholders in 2017 (the "2017 LTIP") to the undernoted Executive Director and PDMRs of the Company:

All Shares were awarded at £1.75 per Share, being the mid-market closing price of a Share on the dealing day immediately preceding the grant date. The vesting of the Awards (which, in the case of Randy Neely's, has been granted in accordance with the Company's directors' remuneration policy that was approved at the 2023 AGM) depends upon the extent to which specified performance conditions are met over a three-year performance period. Following any such vesting, the Award granted to Randy Neely will be subject to a further two year "holding period" during which it cannot be exercised. The Award granted to Geoff Probert will be subject to a one year "holding period".

2.         Grant of 2024 Awards under the Company's Deferred Bonus Scheme

In terms of Capricorn's directors' remuneration policy that was approved at the 2023 AGM, 25% of an Executive Director's annual bonus must delivered in the form of an award of Shares under the Company's Deferred Bonus Plan ("DBP") that will vest at the end of a further period of three years. The vesting of any such Award is not subject to the satisfaction of any additional performance conditions.

Accordingly, Capricorn announces that, on 2 April 2024, the following Award was made under the DBP to the undernoted Executive Director of the Company:

All Shares were awarded at £1.75 per Share, being the closing price of a Share on the dealing day immediately preceding the grant date.

3.         Summary of current holdings of Executive Directors / PDMRs

Following the grant of the above Awards, the Executive Director's and PDMRs' beneficial interests in the Shares of the Company are as follows:

* This column includes (i) all outstanding awards under the 2017 LTIP that have vested following the expiry of the applicable performance period; and (ii) all outstanding awards under the DBP, the vesting of which is not subject to performance condition satisfaction.

The following notifications are intended to satisfy the Company's obligations under Article 19(3) of EU Regulation No 596/2014 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018.