Block listing Interim Review

Name of applicant:

Armadale Capital plc

Name of scheme:

1. 2.2p warrants

2. 3p warrants

3. 3.25p warrants

4. 7p warrants

Period of return:

From:

18 December 2021

To:

17 June 2022

Balance of unallotted securities under scheme(s) from previous return:

1. 30,533,525

2. 26,277,779

3. 21,111,111

4. 18,888,889

Plus:  The amount by which the block scheme(s) has been increased since the date of the last return (if any increase has been applied for):

1. Nil

2. Nil

3. Nil

4. Nil

Less:  Number of securities issued/allotted under scheme(s) during period (see LR3.5.7G):

1. 27,591,193

2. 833,333

3. 20,444,443

4. Nil

Less: Number of warrants that have expired

1. 2,942,332

2. Nil

3. 666,668

4. Nil

Equals:  Balance under scheme(s) not yet issued/allotted at end of period:

1. Nil

2. 25,444,446

3. Nil

4. 18,888,889

Name of contact:

Tim Jones, Company Secretary

Telephone number of contact:

01372 464549