12 January 2022

TPXimpact Holdings PLC (previously The Panoply)

("TPX", "TPXimpact", or the "Company")

Issue of Shares and PDMR dealings

TPXimpact Holdings PLC, the technology-enabled services company focused on digital transformation, announces that the Company has today issued 215,840 new ordinary shares of 1 pence each in respect of outstanding acquisition consideration totalling £551,497 ("Earnout Shares") and 5,083 new ordinary shares of 1 pence in respect of the Share Incentive Plan ("SIP").

The SIP Trustees (Cytec Trustees Limited) acquired a total of 5,083 shares (the "Partnership Shares") on 10 January 2022 at a price of £2.45 per Ordinary Share and total cost of £12,453.35. The Partnership Shares were acquired by purchase in the market and allocated to those Company employees participating in its Share Incentive Plan (SIP) scheme. As set out at the time of the announcement of TPXimpact's interim results on 30 November 2020, this SIP Plan is designed to reward and incentivise employees of the Company through tax-efficient salary sacrifice and a free matching award of Ordinary Shares on a one-for-one basis. Accordingly, on 10 January 2022, the SIP Trustees also allocated a total of 5,083 matching shares (the "Matching Shares") under the SIP. The Matching Shares are covered by the Company's block listing as announced on 15 January 2021.

Neal Gandhi and Oliver Rigby received Earnout Shares in respect of the acquisitions, together with Partnership Shares and Matching Shares under the SIP as follows:

Remaining value of acquisition consideration to be issued

Following the issue, the Company has additional consideration to pay totalling £4,345,007. The maximum further shares to be issued as a result of this consideration is 5,454,022 which reduces to 1,773,472 assuming the share price remained constant at £2.45, being the closing mid-market price on 31 December 2021. Further details of the share issues are set out below:

Admission to trading and total voting rights

An application has been made for the admission of the Earnout Shares to trading on AIM which is expected to take place on or around 17 January 2022. The Matching Shares are covered by the Company's block listing as announced on 15 January 2021.

Following this issue of Earnout Shares and Matching Shares the Company will have 87,999,434 Ordinary Shares in issue and no Ordinary Shares in treasury. Therefore, the total voting rights in TPXimpact will be 87,999,434. This figure may be used by shareholders as the denominator for the calculation by which they may determine if they are required to notify their interest in, or change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

Enquiries:

About TPXimpact

TPXimpact exists to transform the organisations, services and systems that underpin society and that drive business success. It applies strategic and creative thinking, technology, innovative design and user-centred approaches to bring about numerous improvements which together multiply the impact of change. The Company works closely with its clients in agile, multidisciplinary teams that span organisational design, technology, and digital experiences. It shares a deep understanding of people and behaviours and a philosophy of putting people and communities at the heart of every transformation.

The business is being increasingly recognised as a leading alternative digital transformation provider to the UK public services sector, with c.75% of its client base representing the public sector and c.25% representing the commercial sector.

More information is available at www.tpximpact.com.