28 December 2022

Lift Global Ventures Plc
("Lift" or the "Company")

Result of General Meeting

Change of Directorships

The Directors of Lift Global Ventures Plc (AQSE:LFT) are pleased to announce that:

·    the resolution tabled at today's General Meeting, to expand the current investment and acquisition policy of the Company to include opportunities within the energy sector, has been approved and the new investment and acquisition policy has been adopted by the Company;

·    with effect from the conclusion of the General Meeting, Mr. Alexander ("Sandy") Barblett and Mr. Roy Kelly were each appointed as non-executive directors of Lift.  Mr. Roy Kelly shall assume the role of non-executive Chairman; and

·    following the appointments (described above), Mr. Paul Gazzard and Mr. Tim Daniel have each resigned as directors of the Company.

Zak Mir, CEO of Lift, commented:

"We are delighted to welcome Sandy and Roy to the Board, who bring considerable knowledge and expertise of completing transactions in the energy sector, as well as considerable experience working with public companies, and who will help the Company to identify opportunities within its expanded investment policy.

Expanding our investment policy will enable the Company to identify a greater breadth of acquisition and investment opportunities.

I would also extend my personal thanks to Paul and Tim for their support and commitment as directors of the Company, helping the Company through its initial IPO process and the successful completion of the acquisition of Miriad Limited."

The Directors of the Company accept responsibility for the contents of this announcement.

For more information please visit: www.liftgv.com 

Enquiries:

For more information please visit: www.liftgv.com 

New Investment Policy

Details of the new investment and acquisition strategy is set out in the Circular published by the Company on 9 December 2022 and which is available at our website at:  www.liftgv.com

Appointment of Directors and Disclosures

Alexander ("Sandy") Barblett and Roy Thomas Kelly will each be required to offer themselves for re-election at the next annual general meeting of the Company. 

Mr Sandy Barblett has an indirect interest in 1,000,000 ordinary shares in the Company through Arwon Capital.  Mr Roy Kelly has no interest in the share capital of the Company. 

Sandy Barblett and Roy Kelly hold, or have held, the following directorships of companies or have been partners in the following partnerships within the five years prior to the date of this Document:

Save as described in this announcement, no disclosures are required to be made against Rule 4.9 of the AQSE Growth Market, Access Rulebook, in respect of Sandy Barblett and Roy Kelly.

END