11 November 2021

Tekcapital Plc

("Tekcapital", the "Company" or the "Group")

Appointment of New Auditor

Tekcapital Plc (AIM: TEK, OTCQB: TEKCF), the UK intellectual property investment group focused on transforming university technologies into valuable products that can improve people's lives, is pleased to announce that following a competitive tender process, overseen by the Audit Committee, the Board has appointed MacIntyre Hudson LLP ("MacIntyre Hudson"), the UK member of Baker Tilly International, as the Company's and Group's auditor with immediate effect.

Tekcapital CFO, Konrad Dabrowski, commented: "We are pleased to appoint MacIntyre Hudson as our auditor. Their size, international presence and industry experience aligns with the Group's on-going cross-border expansion."

The Board of Tekcapital looks forward to working with MacIntyre Hudson and Baker Tilly International, one of the world's leading accounting networks.

We would like to thank HW Fisher for the excellent and professional services they have provided to the Company over the past six years.

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About Tekcapital plc

Tekcapital creates value from investing in new, university-developed discoveries that can enhance people's lives and provides a range of technology transfer services to help organisations evaluate and commercialise new technologies. Tekcapital is quoted on the AIM market of the London Stock Exchange (AIM: symbol TEK) and is headquartered in the UK. For more information, please visit www.tekcapital.com.

LEI: 213800GOJTOV19FIFZ85

Forward-Looking Statements

This press release is for informational purposes only. The information herein does not constitute investment advice nor an offer to invest and may contain statements related to our future business and financial performance and future events or developments involving Tekcapital that may constitute forward-looking statements. These statements may be identified by words such as "expect," "look forward to," "anticipate" "intend," "plan," "believe," "seek," "estimate," "will," "project" or words of similar meaning. We may also make forward-looking statements in other reports, in presentations, in material delivered to customers, stakeholders and in press releases. In addition, our representatives may from time to time make oral forward-looking statements. Such statements may be based on the current expectations and certain assumptions of Tekcapital management. Please note that these are subject to a number of risks, uncertainties and factors, including, but not limited to those described in various disclosures. Should one or more of these risks or uncertainties materialize, or should underlying expectations not occur or assumptions prove incorrect, actual results, performance or achievements of Tekcapital may vary materially from those described explicitly or implicitly in the relevant forward-looking statement. Tekcapital does not intends nor assume any obligation, to update or revise these forward-looking statements in light of developments which differ from those anticipated.