10 August 2022

Titon Holdings Plc

Exercise of options and Director/PDMR shareholding

Titon Holdings Plc (the "Company"), announces that Mr. K Ritchie, Chairman of the Company and Mr. N Howlett, Non-Executive Director, on 5^th August 2022 exercised options over 50,000 and 25,000 ordinary shares of 10 pence each in the Company ("Ordinary Shares") respectively at an exercise price of 58 pence each. Following this exercise, the total beneficial interest of Mr. K Ritchie and persons closely associated with him is 1,031,381 Ordinary Shares, representing 9.2 per cent. of the Company's issued share capital. The total beneficial interest of Mr. N Howlett and persons closely associated with him is 63,500 Ordinary Shares, representing 0.6 per cent. of the Company's issued share capital.

To satisfy the exercise of these share options, 50,000 Ordinary Shares will be issued from treasury on 12 August 2022. Application has also been made to the London Stock Exchange for the admission of 25,000 new Ordinary Shares to trading on AIM and admission is expected to take place at 8.00am on 12 August 2022 ("Admission"). Following Admission, the total number of Ordinary Shares in issue will be 11,218,750, each carrying the right to one vote, and the Company will hold no Ordinary Shares in treasury. Consequently, shareholders should use the figure of 11,218,750 Ordinary Shares 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 the Company, under the Disclosure Guidance and Transparency Rules of the Financial Conduct Authority.

The notifications below, made in accordance with the requirements of the UK Market Abuse Regulation, provide further detail. 

Notification of transactions of persons discharging managerial responsibilities and persons closely associated with them.

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