NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO OR FROM AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR THE UNITED STATES OR ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT.

This announcement is not a prospectus or admission document and not an offer of shares for sale in any jurisdiction, including in or into Australia, Canada, Japan, South Africa or the United States.

Neither this announcement nor anything contained herein shall form the basis of, or be relied upon in connection with, any offer or commitment whatsoever in any jurisdiction. Investors should not subscribe for or purchase any shares referred to in this announcement except solely on the basis of the information contained in an Aquis Stock Exchange Growth Market admission document in final form (together with any supplementary admission document, if relevant, the "Admission Document"), including the risk factors set out therein, that may be published by Silverwood Brands plc in connection with Admission (as defined below).

DATE: 8 November 2021

Silverwood Brands plc

("Silverwood" or the "Company")

First Day of Dealings

Silverwood Brands plc, a company established to invest primarily in branded consumer businesses, is pleased to announce that trading in its Ordinary Shares will commence at 8:00 a.m. today on the AQSE Growth Market ("Admission"), under the ticker SLWD and ISIN number GB00BNRRGD95.

Company Information

The Company has raised £1.03m before expenses through the issue of 2,577,500 Ordinary Shares to identify and carry out due diligence on potential investments and acquisition targets. The Directors, through their established global network of contacts, will target consumer facing brands within sectors including but not limited to wellness, lifestyle and leisure sectors where the Directors believe they have a high degree of expertise and where they believe there is a significant opportunity for growth.

Director Shareholdings

On Admission, the interests of the Directors and their immediate families and, are as follows:

* this holding comprises (i) 714,286 Ordinary Shares held in the joint names of Alison Hawksley and Andrew Gerrie; (ii) 714,286 Ordinary Shares held in the name of Silver Americum Limited, a company of which Mr Gerrie is a person of significant control; and (iii) 5 Ordinary Shares held in the sole name of Mr Gerrie.

Notifiable Interests

In addition to the Directors holdings disclosed above, the Company has been notified or is aware of the following holdings which will, following Admission, represent more than 3 per cent. of the Issued Share Capital or voting rights of the Company:

Total Voting Rights

Following the issue of the 2,577,500 Fundraise Shares, the Company has 5,324,942 Ordinary Shares of £0.10 in issue, which also represents the total number of voting rights in the Company. This figure should 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 FCA's Disclosure and Transparency Rules.

The definitions used in this announcement have the same meaning as they have in the Admission Document.

Andrew Gerrie, Director, commented:

"We are delighted with Silverwood Brands' successful admission to the AQSE Growth Market today. It represents an important milestone for the Company and supports our strategy to capitalise on future growth opportunities within the consumer brands market.

The combined, considerable experience of our Board, places us in a strong position to generate value for our shareholders."

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

For more information, please contact: