Subsidiary Prospectus and Expected Admission

19 October 2020

Thalassa Holdings Ltd

(Reuters: THAL.L, Bloomberg: THAL:LN)

("Thalassa", "THAL" or the "Company")

and its subsidiary

Anemoi International Limited 

("Anemoi" or the "Subsidiary")

SUBSIDIARY PUBLICATION OF PROSPECTUS

ADMISSION TO TRADING ON THE LONDON STOCK EXCHANGE EXPECTED ON 26 OCTOBER  2020

Thalassa is pleased to announce that the Prospectus for the listing of the ordinary shares ("Shares") of its subsidiary Anemoi on the Standard Segment of the Official List and the LSE's Main Market for listed securities ("Admission") has been approved by the UK Listing Authority ("UKLA") and will be posted today, 19 October 2020, on its website at ‎https://anemoi-international.com/investor-relations/company-‎documents/‎‎.

Application for Admission is being made to the UKLA and, subject to the UKLA's approval, Anemoi expects that Admission will become effective and that unconditional dealings in the Shares will commence at 08.00 a.m. on 26, October 2020 under the ticker "AMOI".

A copy of the Prospectus has been submitted to the National Storage Mechanism and is available for inspection (subject to securities laws) at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.