Issue of Equity; CLN Restructuring; Notice of TU

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.

28 July 2021

Supply@ME Capital plc

(The "Company" or "SYME")

Convertible Loan Notes Programme restructuring and New Ordinary Shares issuance

Supply@ME Capital plc, the innovative fintech platform which provides the Inventory Monetisation© service to manufacturing and trading companies, is pleased to announce the following updates regarding the current Subscription Agreement signed with Negma Group Ltd ("Negma Group") as per the RNS of 16 June 2021:

-     the Company has made an application to the London Stock Exchange for admission to listing of 315,000,000 New Ordinary Shares as a result of the conversion of a further approximately 18% at the price of £ 0,0032 of the par value of the Convertible Loan Notes issued and subscribed by Negma Group. The remaining outstanding par value of the notes not yet converted is equal to £4,032,000; Negma Group is not authorised to perform short-selling activities.

-     SYME and Negma Group are in discussions to restructure the Convertible Loan Notes Programme with the aim of maximising investment value for SYME' shareholders. It is therefore the intention of the Parties to replace the current agreement with a new facility:

-     envisaging a material reduction of the commitment. In this regard, the Company intends to reset the current Principal Amount of the Convertible Loan Notes of £56m and get additional capital, step by step, through the new mechanism described below;

-     enabling SYME to have full control over the number of shares potentially to be issued in relation to business developments, including control over the level of dilution and, accordingly, mitigating any further dilutive risk.

SYME is also in discussions with new investors/ lenders for the provision of amortised loan facilities, taking into account its business plan goals and related projected Group cash flow.

Following the 2020 AGM scheduled for 30 July 2021 and in advance of  the publication of the 2021 interim financial statements, The Company intends to issue a Half-Year Trading Update to 30 June 2021 which will include the recent trading performance of the TradeFlow business.

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]