Grant of Options

Weatherly International Plc ('Weatherly' or the 'Company')

Grant of Options

The Company announces that it has granted options over 7,250,000 ordinary shares ('Options') to directors and key employees of the Company.

Each Option will entitle the holder to subscribe for new ordinary shares in the Company at an exercise price of 3p per new ordinary share on or before 1 April 2020. The Options will vest in three separate and equal instalments as follows:

(i) The first third of each holder's Options will vest after 12 months;

(ii) The second third of each holder's Options will vest after 24 months ; and

(iii) The final third of each holder's Options will vest after 36 months.

The grant of Options includes the grant of Options to directors as follows:

For further information please contact:

Max Herbert, Company Secretary

+44 (0) 20 7917 2989

Richard Greenfield, Ambrian Partners Limited

+44 (0) 20 7634 4710