Vanquis Banking Group plc

Issue of Equity

Vanquis Banking Group plc (the "Group") announces that, further to the announcement on 31 July 2023 of its acquisition of uSnoop Limited, it has issued 2,588,253 ordinary shares of 20 8/11p each ("Ordinary Shares") in part satisfaction of the consideration.

Applications have been made to the Financial Conduct Authority ("FCA") and London Stock Exchange plc (the "LSE"), respectively, for 2,588,253 Ordinary Shares to be admitted to the premium listing segment of the Official List of the FCA and to trading on the main market of the London Stock Exchange ("Admission"). It is expected that Admission will become effective and dealings in the Ordinary Shares will commence at 8.00am on 8 August 2023.

Following Admission, the Group will have 256,482,888 Ordinary Shares in issue. There are no shares held in treasury. Therefore, following Admission, the total number of voting rights in the Group will be 256,482,888 (the "Figure"), and this Figure may be used by the Group's shareholders as the denominator for the calculations by which they will determine if they are required to notify their voting rights interest, or a change to that interest, in the Group under the FCA's Disclosure Guidance and Transparency Rules.

Enquiries:

Vanquis Banking Group PLC

David Whincup

Deputy Company Secretary

Tel: 01274 351 351