13 November 2023

Fonix Mobile plc

("Fonix" or the "Company")

Exercise of Options and Total Voting Rights

The Company announces that it received notice of exercise ("Exercise") in relation to employee share options over 127,557 ordinary shares of 0.1p each in the Company ("Ordinary Shares") issued under the Company's Share Option Plan.

Accordingly, the Company has transferred 127,557 shares previously held in Treasury to satisfy the Exercise. As a result, the Company's issued share capital now consists of 100,000,000 Ordinary Shares, 122,443 of which remain held in Treasury. For reporting under the FCA's Disclosure Guidance and Transparency Rules, shareholders should exclude any Ordinary Shares held in Treasury and should use the figure of 99,877,557 Ordinary Shares (the issued voting share capital) when determining if they are required to notify their interest, or a change of their interest in the Company.

Enquiries

Fonix Mobile plc                                                                                                             Tel: +44 20 8114 7000 

Robert Weisz, CEO 

Michael Foulkes, CFO

Cavendish Capital Markets Limited (Nomad and Broker)                                       Tel: +44 20 7220 0500

Jonny Franklin-Adams / Seamus Fricker (Corporate Finance) 

Sunila de Silva (ECM)

About Fonix

Founded in 2006, Fonix provides mobile payments and messaging services for clients across media, telecoms, entertainment, enterprise and commerce.

When consumers make payments, they are charged to their mobile phone bill. This service can be used for ticketing, content, cash deposits and donations. Fonix's service works by charging digital payments to the mobile phone bill, either via carrier billing or SMS billing. Fonix also offers messaging solutions.

Based in London, Fonix is a fast growth business driven by blue chip clients such as ITV, Bauer Media, RTÉ, Global Media, Comic Relief and Children in Need to name a few.