Consent to Migration

2 March 2021

Mincon Group plc

(the "Company")

MINCON GROUP PLC CONSENTS TO THE MIGRATION OF ORDINARY SHARES TO EUROCLEAR BANK'S CENTRAL SECURITIES DEPOSITORY

As previously announced, the shareholders of the Company approved resolutions in relation to the replacement of CREST with a system operated by Euroclear Bank for the electronic settlement of trading in Shares at the extraordinary general meeting held on 12 February 2021 ("EGM").

The Company now announces that its board of directors has consented to and approved the implementation of the Migration of the Migrating Shares to Euroclear Bank's central securities depository in accordance with the Migration of Participating Securities Act 2019, as contemplated by Resolution 1 approved at the EGM.  The requisite notifications in connection with the Migration have also been made by the Company to the Irish Companies Registration Office and Euronext Dublin.

The Migration will take place as part of the wider Market Migration which will occur on the date determined by Euronext Dublin and which is currently expected to be on or around 15 March 2021. Further announcements will be made in relation to the Migration timetable in due course.

Enquiries

Barry Vaughan

Company Secretary
Tel +353 61361099

Note

Capitalised terms used, but not otherwise defined, in this Announcement have the meanings given to those terms in Part 9 of the Circular dated 15 January 2021 and sent to shareholders on 19 January 2021 and also available at https://www.mincon.com/egm/.

END

For further information please contact

Mincon Group plc

Joe Purcell - Chief Executive Officer                                                        Tel: +353 (61) 361 099

Mark McNamara - Chief Financial Officer

Davy Corporate Finance (Nominated Adviser and Euronext Growth Advisor)

Anthony Farrell                                                                                        Tel: +353 (1) 679 6363

Daragh O' Reilly