Exercise of Warrants and Issue of Equity

Monchhichi plc

('Monchhichi' or the 'Company')

Exercise of Warrants and Issue of Equity

London, 20 April 2017 - Monchhichi plc (AIM: MCC) announces that it has received notification from warrant holders to exercise warrants over 14 ordinary shares of 0.1p each in the Company at an exercise price of 80.0p per share.

Application has been made to the London Stock Exchange to admit the 14 new ordinary shares to trading on AIM. Admission of the new ordinary shares is expected to occur on 25 April 2017. The new ordinary shares will rank pari passu with the existing ordinary shares.

Following the issue of shares detailed above the enlarged share capital of the Company will comprise 43,902,176 ordinary shares of 0.1p each.

The Company does not hold any ordinary shares in treasury. Therefore, the total number of voting rights in the Company is 43,902,176. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

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