For release: Wednesday 4 June 2025

NWF Group plc

NWF Group plc: Issue of Equity and Director/PDMR Shareholding

NWF Group plc ("NWF", the "Company" or the "Group"), the specialist distributor operating in UK markets today announces that it has issued and allotted 137,795 ordinary shares of 25 pence in the Company ("Ordinary Shares") pursuant to awards previously made under the NWF Company Performance Share Plan (the "Plan"), following the satisfaction of certain performance criteria.

The table below sets out the allocation of the awards, together with the resulting holdings of the PDMRs following Admission.

The remaining shares have been issued and allotted to individuals who are no longer PDMRs.

Application has been made to London Stock Exchange for the 137,795 new Ordinary Shares to be admitted to trading on AIM ("Admission"). The new Ordinary Shares will rank pari passu with the Company's existing Ordinary Shares. It is expected that Admission will become effective, and that dealings will commence in the new Ordinary Shares at 08.00 a.m. on 6 June 2025.

Total Voting Rights

In accordance with the FCA's Disclosure Guidance and Transparency Rules (DTR 5.6.1), the Company notifies that, following Admission, its issued share capital will consist of 49,588,145 Ordinary Shares. There are no Ordinary Shares held in treasury. Shareholders may therefore use this figure as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.