Delisting, Posting of Circular and Notice of AGM

PREMIER VETERINARY GROUP PLC

("PVG", the "Company" or the "Group")

London, UK, 2 September 2020 - Premier Veterinary Group PLC (LSE: PVG) announces that, further to its announcement on 13 August 2020 (the "Announcement"), the Company has posted a circular to shareholders convening a General Meeting on 24 September 2020 (the "General Meeting") to approve the Resolutions upon which the Acquisition of AHCL is conditional, and provide an update on the date of its delisting.

Capitalised terms and expressions used in this announcement have the meanings given to them in the Announcement.

Posting of Circular

On 13 August 2020, the Company announced that it had entered into the Sale and Purchase Agreement recording the terms of the proposed acquisition by the Company of AHCL, the pet healthcare plan business of the Simplyhealth Group. The Acquisition is conditional upon:

· the passing by Shareholders of the First Whitewash Resolution and certain other resolutions, which it is proposed be put to the General Meeting;

· the receipt of confirmation from the CMA that it does not propose to examine the Acquisition or, where the CMA does commence a review of the Acquisition, the receipt of a decision by the CMA that it does not intend to refer the Acquisition to an in-depth (Phase 2) investigation; and

· the Company cancelling the standard listing of the Ordinary Shares on the Official List and the cancellation of the admission to trading of the Ordinary Shares on the London Stock Exchange's main market for listed securities.

A circular has been posted setting out further information regarding the Acquisition, the Simplyhealth Group and containing a notice of the General Meeting at which resolutions necessary to implement the Acquisition and certain other matters will be put to Shareholders. The Circular also contains details of a second Rule 9 whitewash waiver that is required to allow any exercise by the Existing Concert Party of the Existing Warrants, New Warrants and Director Share Options prior to any conversion of the Convertible Loan.

The General Meeting will be held at the Company's offices at First Floor, Uppingham Gate, Uppingham, Rutland LE15 9NY on 24 September 2020 at 10.30 a.m., or so as soon thereafter as the 2020 AGM convened for 10.00 a.m. on that day has concluded.

A copy of the circular (containing the GM notice) and the notice of Annual General Meeting can be found on the Company's website, http://investors.premiervetgroup.co.uk/.

Delisting

In the Announcement, the Company gave notice of its intention to cancel the standard listing of its Ordinary Shares on the Official List and to request the London Stock Exchange to cancel the admission to trading of the Ordinary Shares on the Main Market. It was expected that the last day of dealings in the Ordinary Shares on the Main Market would be 15 September 2020 and that cancellation of the listing of the Ordinary Shares on the Official List would take effect at 8.00 a.m. on 16 September 2020.

The Company has now deferred the effective date of its Delisting until after the General Meeting.

Therefore it is now expected that the last day of dealings in the Ordinary Shares on the Main Market will be 24 September 2020. Cancellation of the listing of the Ordinary Shares on the Official List is expected to take effect at 8.00 a.m. on 25 September 2020.

The Company is currently considering options for implementing an off-market trading facility and expects to make a further announcement in this regard on or before the date of the General Meeting.

-Ends-

For further information, please contact:

For further details go to: www.premiervetgroup.co.uk