ROEBUCK FOOD GROUP PLC

("Roebuck" or "the Company", AIM: RFG)

Issue of Consideration Shares

4 December 2023

Roebuck Food Group plc (AIM: RFG), a group focused on growth and innovation within the food and agribusiness sectors (the "Company" or, "Roebuck") announced on 30 November, the shareholder approval for the completion of the acquisition of the entire share capital of Moorhead & McGavin Ltd, a food and food ingredient distribution business based in Motherwell, UK, ("the Acquisition"). The total consideration for the acquisition of the Moorhead & McGavin Limited was £2,225,000 with £2,075,000 in cash and remaining £150,000 via the issue of New Ordinary Shares in the Company to the Seller. The Company now confirms the issuance of the 1,071,428 new Ordinary Shares (the "Consideration Shares"), as outlined in the Circular published on 6 November 2023.

Application has been made to the London Stock Exchange for the Consideration Shares to be admitted to trading on AIM, with dealings expected to commence at 8 a.m. on or around 8 December 2023 ("Admission"). Following Admission, Roebuck will have a total of 49,660,320 Ordinary Shares in issue. This figure may be used by shareholders as the denominator for calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Roebuck Food Group under the FCA's Disclosure Guidance and Transparency Rules.

The directors of the Company accept responsibility for this announcement.

Enquiries:

Roebuck Food Group plc

Aidan Hughes, Deputy Chairman                   Telephone: + 44 1293 862 498

J & E Davy (Nomad)

Anthony Farrell                                               Telephone: + 353 1 679 6363