Schedule One - Fonix Mobile plc

COMPANY NAME:

Fonix Mobile plc ("Fonix" or the "Company")

COMPANY REGISTERED OFFICE ADDRESS AND IF DIFFERENT, COMPANY TRADING ADDRESS (INCLUDING POSTCODES) :

Registered Office:

23 Heddon Street

London

W1B 4BQ

COUNTRY OF INCORPORATION:

England and Wales

www.fonix.com

COMPANY BUSINESS (INCLUDING MAIN COUNTRY OF OPERATION) OR, IN THE CASE OF AN INVESTING COMPANY, DETAILS OF ITS INVESTING POLICY).  IF THE ADMISSION IS SOUGHT AS A RESULT OF A REVERSE TAKE-OVER UNDER RULE 14, THIS SHOULD BE STATED:

Fonix is a mobile payments and messaging company, enabling businesses to charge users' mobile bills and send users SMSs via their Carrier. Its main country of operation is the United Kingdom.

Founded in 2006, Fonix allows mobile network operators ("MNO") to provide additional services in the form of Carrier Billing, SMS Billing, Messaging and Voice. Fonix has over 100 Clients including ITV, Bauer Media, BT, Global Radio and BBC Children In Need across a range of multi-billion pound sectors such as media, gaming, charity, ticketing and digital services. Fonix offers clients access to the customer base of the MNOs.

DETAILS OF SECURITIES TO BE ADMITTED INCLUDING ANY RESTRICTIONS AS TO TRANSFER OF THE SECURITIES (i.e. where known, number and type of shares, nominal value and issue price to which it seeks admission and the number and type to be held as treasury shares):

[100,000,000] ordinary shares of [0.1] pence each

No ordinary shares are or will be held in treasury.

The ordinary shares will be freely transferable and have no restrictions as to transfer placed on them.

CAPITAL TO BE RAISED ON ADMISSION (AND/OR SECONDARY OFFERING) AND ANTICIPATED MARKET CAPITALISATION ON ADMISSION:

c. £[TBC]m secondary placing

Anticipated market capitalisation on admission £[TBC] million.

Approximately [TBC] per cent.

N/A

FULL NAMES AND FUNCTIONS OF DIRECTORS AND PROPOSED DIRECTORS (underlining the first name by which each is known or including any other name by which each is known):

Edward Spurrier, Non-executive Chairman

Robert Weisz, Chief Executive Officer

Rupert Horner, Chief Financial Officer

William Neale, Founder and Non-Executive Director

Lucinda "Lucy" Sharman-Munday, Non-Executive Director

FULL NAMES AND HOLDINGS OF SIGNIFICANT SHAREHOLDERS EXPRESSED AS A PERCENTAGE OF THE ISSUED SHARE CAPITAL, BEFORE AND AFTER ADMISSION (underlining the first name by which each is known or including any other name by which each is known):

NAMES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE 2, PARAGRAPH (H) OF THE AIM RULES:

N/A

(i)         30 June

(ii)        30 June 2020

(iii)       31 March 2021 (6 month unaudited results to 30 December 2020); 31 December 2021 (12 month audited results to 30 June 2021); 31 March 2022 (6 month unaudited results to 31 December 2021).

EXPECTED ADMISSION DATE:

Early October 2020

NAME AND ADDRESS OF NOMINATED ADVISER:

finnCap Ltd

1 Bartholomew Close

London

EC1A 7BL

NAME AND ADDRESS OF BROKER:

finnCap Ltd

1 Bartholomew Close

London

EC1A 7BL

OTHER THAN IN THE CASE OF A QUOTED APPLICANT, DETAILS OF WHERE (POSTAL OR INTERNET ADDRESS) THE ADMISSION DOCUMENT WILL BE AVAILABLE FROM, WITH A STATEMENT THAT THIS WILL CONTAIN FULL DETAILS ABOUT THE APPLICANT AND THE ADMISSION OF ITS SECURITIES:

DATE OF NOTIFICATION:

24 September 2020

NEW/ UPDATE:

NEW