Completion of Acquisition & Board Restructuring

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER THE UK VERSION OF THE MARKET ABUSE REGULATION NO 596/2014 WHICH IS PART OF ENGLISH LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018, AS AMENDED. ON PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN.

06 July 2021

Supply@ME Capital plc

(The "Company" or "SYME")

SYME completes acquisition of TradeFlow Capital Management

and restructures Board for next phase of growth strategy

Supply@ME Capital plc, the innovative fintech platform which provides the Inventory Monetisation© service to manufacturing and trading companies, is pleased to announce that, further to the announcement made on 26 May 2021, it has completed the acquisition of the entire issued share capital of TradeFlow Capital Management Pte. Ltd. ("TradeFlow"), the leading Singapore-based FinTech-powered commodities trade enabler focused on SMEs.

As stated previously, TradeFlow has been valued at approximately £31 million by an independent valuation company. The Parties agreed that the transaction price will be settled in cash and shares. The Company has made an application to the London Stock Exchange for admission to listing of 1,477,705,882 New Ordinary Shares - which represents less than 5% of the Company's issued share capital  - for the following purposes:

-     813 million New Ordinary Shares as consideration to the TradeFlow sellers;

-   500 million New Ordinary Shares as consideration to intermediaries and introducers which support the deal;

-    approximately 164 million New Ordinary Shares as conversion of the first 10% of the Convertible Loan Notes issued and subscribed by Negma Group as per the RNS of 16 June 2021.

The acquisition enables SYME to further enhance its platform, delivering a global inventory monetisation service, including the monetisation of both inventory "in-transit" (in particular, commodities) and warehoused goods.

Following completion of the strategic transaction, SYME is now entering the next phase of its scalable growth. To this effect, it is the intention of the Company to further strengthen its Board, as announced previously, with the appointment of two new Executive Directors, Tom James and John Collis, who will also continue to lead the TradeFlow business.

The new Directors will be officially appointed following the 2020 AGM, scheduled for 30 July 2021 at which time, SYME will make a dedicated announcement. In this regard, and pursuant to corporate governance best practices, the Company is conducting an internal assessment regarding the board's composition, including the number of its independent and non-executive directors.

SYME Chief Executive, Alessandro Zamboni said:

"I am very pleased to announce the completion of the acquisition of TradeFlow Capital and the upcoming appointments of Tom and John as Executive Directors of Supply@ME. The acquisition will establish Supply@ME as the market leader in inventory monetisation and will generate a number of highly attractive synergy benefits for the Company in terms of funding and customer origination. By joining together, we now have an enhanced platform with an offering for the supply chain sector which is unparalleled. We are also assembling an exceptionally strong Board with the depth and breadth of experience necessary to maintain our momentum and we will continue to strengthen this team as opportunities present."

Notes

Supply@ME enables businesses to generate cashflow, without incurring debt, by monetising their existing stock.  Before a business has found an end-customer for its inventory, the Supply@ME platform enables them to sell ("monetise") their stock and receive cash immediately to boost their working capital. The Supply@ME service enables strong companies to improve their working capital cycle.  SYME does not monetise inventory for companies in financial difficulty or with inventory that they are struggling to sell.

Contacts

Alessandro Zamboni, CEO, Supply@ME Capital plc, [email protected]

Paul Vann, Walbrook PR Limited, +44 (0)20 7933 8780;  [email protected]

Brian Norris, Cicero/AMO, +44 (0)20 7947 5317 [email protected]