Oberon Investments Group PLC

("Oberon Investments" or the "Company")

Issue of EMI Options and Issue of Equity

Oberon Investments Group plc announces the grant on 30 May 2023 of options over 11,739,726 Ordinary shares of 0.5p each in Oberon Investments Group plc (the 'Options') to certain of its directors, PDMRs, and other members of staff. All of these options have an exercise price equal to the market value at the time the options were granted of 3.65p.

Included in the above total were options over 4,246,577 Ordinary shares which were granted to two Directors and four PDMRs under the Company's EMI Option scheme, as set out below.

Following these option grants, the Company has 73,827,243 shares under option. This represents, following the increase in shares mentioned below, 13.9% of the share capital of the Company.

The Company has also approved the issue of 1,888,057 new Ordinary shares of 0.5p for payment of various fees, at an average price of 3.68p per share (for a total value of £69,500). None of these shares are being issued to directors or PDMRs. These shares are expected to be admitted to trading on AQSE on 2 June 2023.

Following the issue of these shares the Company will have 534,994,840 Ordinary shares in issue. No Ordinary Shares are held in treasury.

The above figure for total number of ordinary shares may be used by shareholders 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 Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

This announcement contains information which, prior to its disclosure, was inside information as stipulated under Regulation 11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310 (as amended). 

The Directors of the Company take responsibility for this announcement.