Additional Listing and Total Voting Rights

TUNGSTEN CORPORATION PLC

("Tungsten" or the "Company")

2 October 2020

Additional Listing and Total Voting Rights

On 30 September 2020, the Company issued and allotted 66,835 ordinary shares of £0.00438 each ('Ordinary Shares') to employees following the exercise of awards under the Tungsten Corporation plc Deferred Share Bonus Plan.

The Shares have been issued out of the block listing of 560,000 ordinary shares in the Company that was admitted to the London Stock Exchange on 24 September 2020, as referenced in RNS Number 7886Z dated 23 September 2020. 

On admission, the Company will have 126,154,982 ordinary shares in issue with voting rights. The Company holds no shares in treasury. Therefore the total number of voting rights in the Company is 126,154,982 which may be used by shareholders as the denominator for the calculations by which they determine if they are required to notify their interest in, or a change to their interest in, the Company under the Disclosure and Transparency Rules.

Enquiries

About Tungsten Corporation plc

Tungsten Corporation (AIM: TUNG) is the world's largest, compliant business transaction network. A leading global electronic invoicing and purchase order transactions network; Tungsten's mission is centred on enabling a touchless invoice process allowing businesses around the globe to gain maximum value from their invoice process.

Tungsten processes invoices for 74% of the FTSE 100 and 71% of the Fortune 500. It enables suppliers to submit tax compliant e-invoices in 50 countries, and last year processed transactions worth £195bn for organisations such as Caesars Entertainment, Computacenter, GlaxoSmithKline, Kraft Foods, Mohawk Industries, Mondelēz International, Procter & Gamble, Shaw Industries, Unilever and the US Federal Government.

Founded in 2000 and headquartered in London, Tungsten has offices in the US, Bulgaria and Malaysia, employing over 300 people.

For more information, please visit our website: https://www.tungsten-network.com/

Forward looking statements

This document contains forward-looking statements that may or may not prove accurate. For example, statements regarding expected revenue growth and trading margins, market trends and our product pipeline are forward-looking statements. Phrases such as "aim", "plan", "intend", "anticipate", "well-placed", "believe", "estimate", "expect", "target", "consider" and similar expressions are generally intended to identify forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties and other important factors that could cause actual results to differ materially from what is expressed or implied by the statements. Any forward-looking statement is based on information available to Tungsten as of the date of this statement. All written or oral forward-looking statements attributable to Tungsten are qualified by this caution. Tungsten does not undertake any obligation to update or revise any forward-looking statement to reflect any change in circumstances or in Tungsten's expectations