Update on TIDM Code

THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED IN IT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR THE REPUBLIC OF SOUTH AFRICA OR INTO ANY OTHER JURISDICTION WHERE TO DO SO MIGHT CONSTITUTE A VIOLATION OR BREACH OF ANY APPLICABLE LAW. 

For Immediate Release

1 June 2021

African Pioneer Plc

("African Pioneer", "APP" or "the Company")

UPDATE ON TIDM CODE

Further to the announcement "Admission to Main Market" published at 07.00 am today,  the Company has noted that dealings in the New Ordinary Shares commenced with TIDM "ASP" and not with TIDM "AFP" as had been notified.

As TIDM's cannot be changed intra-day the TIDM will be changed to "AFP" from 08.00 am tomorrow, 2 June 2021, and dealings in the New Ordinary Shares will take place with TIDM "AFP" as published previously with effect from tomorrow and continue under the TIDM "ASP" for the rest of today.

For further information please contact:

Beaumont Cornish Limited ("Beaumont Cornish"), which is authorised and regulated by the FCA, is acting solely for the Company and no-one else in connection with the Admission and will not regard any other person (whether or not a recipient of this announcement) as a client in relation to the Admission and will not be responsible to anyone other than the Company for providing the protections afforded to its clients or for providing advice in relation to the Admission or any other matter referred to herein. Beaumont Cornish has not authorised the contents of, or any part of, this announcement and no liability whatsoever is accepted by Beaumont Cornish nor does it make any representation or warranty, express or implied, for the accuracy or completeness of any information or opinion contained in this announcement or for the omission of any information.

Novum Securities Limited ("Novum"), which is authorised and regulated by the FCA, is acting solely for the Company and no-one else in connection with the Placing and will not regard any other person (whether or not a recipient of this announcement) as a client in relation to the Placing and will not be responsible to anyone other than the Company for providing the protections afforded to its clients or for providing advice in relation to the Placing or any other matter referred to herein. Novum has not authorised the contents of, or any part of, this announcement and no liability whatsoever is accepted by Novum nor does it make any representation or warranty, express or implied, for the accuracy or completeness of any information or opinion contained in this announcement or for the omission of any information.

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with the Company's obligations under Article 17 of MAR.