THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER TO SELL OR ISSUE OR THE SOLICITATION TO BUY, SUBSCRIBE FOR OR OTHERWISE ACQUIRE ANY SECURITIES.

14 September 2022

Supply@ME Capital plc

(the "Company" or "SYME")

Exercise of Open Offer Warrants, issue of equity and total voting rights

SYME, the fintech business which provides an innovative fintech platform (the "Platform") for use by manufacturing and trading companies to access Inventory Monetisation© ("IM") solutions enabling their businesses to generate cashflow, is pleased to announce that, further to the issue of 320,855,008 warrants ¹ to certain qualifying shareholders who participated in its open offer which completed on 17 August 2022 (the "Open Offer Warrants"), holders of Open Offer Warrants have elected to exercise 8,058,388 Open Offer Warrants. Accordingly, the Company will issue 8,058,388 new ordinary shares of £0.00002 nominal value each ("Ordinary Shares"), and £5,237.96 will be received by the Company as a result of the exercise of such Open Offer Warrants.

The Company has made applications to the Financial Conduct Authority (the "FCA") and London Stock Exchange plc (the "LSE") to have 8,058,388 new Ordinary Shares admitted to listing on the standard segment of the Official List of the FCA and to trading on the main market for listed securities of the LSE, respectively, with admission expected to occur on or around 15 September 2022 ("Admission").   

Following Admission, 307,732,390 Open Offer Warrants will remain outstanding and the Company's issued share capital will comprise 43,957,698,172 Ordinary Shares. This figure 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 FCA's Disclosure Guidance and Transparency Rules.

Enquiries

Investors & Analysts:

Alessandro Zamboni, CEO, Supply@ME Capital plc, investors@supplymecapital.com

Paul Vann, Walbrook PR Limited, +44 (0)20 7933 8780; paul.vann@walbrookpr.com

Media:

Nicole Louis, MHP,  Nicole.Louis@mhpc.com

Notes

SYME and its operating subsidiaries provide its Platform for use by manufacturing and trading companies to access inventory trade solutions enabling their businesses to generate cashflow, via a non-credit approach and without incurring debt. This is achieved by their existing eligible inventory being added to the Platform and then monetised via purchase by third party Inventory Funders. The inventory to be monetised can include warehouse goods waiting to be sold to end-customers or goods/commodities that are part of a typical import/export transaction. SYME announced in August 2021 the launch of a global Inventory Monetisation programme which will be focused on both inventory in transit monetisation and warehouse goods monetisation. This program will be focused on creditworthy companies and not those in distress or otherwise seeking to monetise illiquid inventories.

¹ Shareholders should note that the Company has been informed by its registrar, Neville Registrars Limited, that the figure of 320,855,041 Open Offer Warrants initially notified by the Company to the market by way of RNS on 18 August 2022, and subsequently by way of RNS on 31 August 2022,  was 50% of the number of Open Offer Shares (given the 2:1 ratio specified in the associated shareholder circular), but that such figure did not cater for fractional rounding (a de minimis discrepancy of 33 Open Offer Warrants). For the avoidance of doubt, only 320,855,008 Open Offer Warrants have been issued by the Company.