AIM Admission/Cancellation of AQSE

Certain information contained within this Announcement is deemed by the Company to constitute inside information as stipulated under the UK Market Abuse Regulations. Upon publication of this Announcement, this information is now considered to be in the public domain.

13 June 2025

Tap Global Group plc

("Tap Group" or the "Company")

Proposed Admission to Trading on AIM

&

Cancellation of Trading on AQSE Growth Market

Tap Global Group plc (AQSE: TAP), an innovative digital finance hub that brings money payments and cryptocurrency settlement services together in a single user-friendly app, announces its intention to apply for admission of its ordinary shares of 0.1 pence each ("Ordinary Shares") to trading on the AIM Market ("AIM") of the London Stock Exchange ("Admission") and cancel the admission of its Ordinary Shares to trading on the AQSE Growth Market ("Cancellation").

The London Stock Exchange has today announced Tap Group's intention to float on AIM, and it is expected that Admission will become effective, and that dealings in the Ordinary Shares will commence on AIM, at 8.00 a.m. on 27 June 2025. Cancellation of the trading of the Ordinary Shares on the AQSE Growth Market will take place simultaneously with Admission.

Background to the move to AIM

The Board considers Admission to be in the best interests of the Company and its shareholders given the growing scale of the business and its mission to create a seamless and fully regulated bridge that links fiat payments, traditional assets and crypto markets. Tap Group recently announced that it expected to report record revenues and a first full year of positive EBITDA in the financial year ending 30 June 2025. The Board believes AIM is a more appropriate market for the Company and will enable it to attract a wider pool of investors and improve liquidity over time.   

The Company has 743,409,624 Ordinary Shares in issue as at the date of this announcement. On Admission, the Company's TIDM and ISIN will continue to be "TAP" and GB00BMVSDN09 respectively. Tap Group will not be raising new capital or providing a secondary offering as part of Admission.

The Schedule One announcement in respect of the Company's intention to move to AIM has been published today (and will be available on the Company's website at: https://investor.tap.global/investors/financial-reports-documents), and an AIM Admission Document will be published prior to Admission and will also be made available on the Company's website. The Company will make further announcements in relation to the Cancellation and Admission as required in due course.

Peterhouse Capital Limited is acting as AQSE Corporate Adviser to the Company for the purposes of the AQSE Exchange Rules and SPARK Advisory Partners Limited is acting as Nominated Adviser to the Company for the purposes of the AIM Rules for Companies in connection with Admission. Tennyson Securities will continue to act as Broker to the Company following Admission.

Information on the Company

Tap Group is an innovative digital finance hub that brings money and crypto services together in a single app. As a fully integrated provider of fiat (traditional currency) payments and crypto settlement services, Tap Group aims to bridge these two financial universes with a single solution for over 560 million crypto users globally.

Tap Group operates a fully functional crypto/payments solution for both consumers and corporate customers. Its wholly owned subsidiary Tap Global Limited is a fully integrated crypto-fiat exchange service provider with an associated Neo Payments platform based in Gibraltar and is a regulated DLT Licence Holder in Gibraltar.

A single registration provides customers with access to several major crypto exchanges through the Tap App allowing them to purchase and trade over 50 types of cryptoassets, without having to operate through multiple exchanges, and store them directly in individual digital wallets. The wallets can also store fiat currency denominated in Pound Sterling (GBP), Euro (EUR), US Dollar (USD), Australian Dollar (AUD), Swiss Franc (CHF), Japanese Yen (JPY) and Canadian Dollar (CAD). Utilising Tap Group's proprietary Artificial Intelligence middleware, Tap Group provides customers with competitive crypto trading prices through its connections with multiple exchanges, which are scanned to find the best possible trade permutations at the point of a transaction giving the benefit of best execution and pricing in real time. This allows Tap Group to offer competitive pricing for trades and instant crypto or cash settlement.

Tap Group provides individual payments accounts denominated in GBP and/or EUR to all its customers in the UK, EEA and EU through its payments partner, Clear Junction. B2B and B2C customers can operate their Tap Group fiat payments account for ordinary business activities, such as paying suppliers and receiving monies in two fiat currencies (currently EUR and GBP, with more fiat currencies in development). In addition, customers have the option to be issued a physical or virtual Tap Prepaid Mastercard on which purchases can be made.

Tap Group's mission is to create a seamless and fully regulated bridge that links fiat payments, traditional assets and crypto markets.

Arsen Torosian, CEO of Tap Group, commented:

"We have proven our business model, built the product, and demonstrated a clear, unmet customer need, attracting over 380,000 registered users to date. This move to AIM is the logical next step in our evolution, driven by a landmark financial year where we expect to report record revenues and our first full year of positive EBITDA. The Board believes AIM is the right platform for a company of our scale and ambition, providing the profile and access to a wider investor base that will support our growth.

While much of the growth of e-money platforms has happened in private markets, our move to AIM provides a unique opportunity for public investors to participate on the London Stock Exchange in a proven, profitable, and high-growth fintech journey. Our strategic ambition is to make Tap the digital finance platform of choice globally for the large and growing number of people and businesses seeking money and crypto services in one place."

The Directors of the Company accept responsibility for the contents of this announcement.

Enquiries:

Investor website:

www.investor.tap.global

Tap Group's operating subsidiaries

Tap Global Limited serves the European customer base and is registered in Gibraltar and licensed and regulated by the Gibraltar Financial Services Commission under the DLT with licence No. 25532.

Tap's Bulgarian subsidiary has been granted a VASP registration by the National Revenue Agency of Bulgaria in order to qualify for the EU MiCA regulations grandfathering provisions.

Tap Americas LLC serves the US customer base and is a limited liability company organised under the laws of the state of Florida. Cryptocurrency services are provided by Zero Hash, a Chicago-based B2B2C crypto infrastructure platform.

Learn more:

www.withtap.com

Follow us on social media:

LinkedIn: https://www.linkedin.com/company/tapglobal/

X: https://x.com/TapGlobalPlc