Holding(s) in Company

Polemos plc

Hamish Harris

+44 (0)20 7440 0640

Beaumont Cornish Limited (Nominated Adviser and Broker)

James Biddle

Michael Cornish

+44 (0)20 7628 3396

Peterhouse Corporate Finance (Joint Broker)

Lucy Williams

+44 (0)20 7469 0930 

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii

Polemos PLC (PLMO)

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

X

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

An event changing the breakdown of voting rights

Other (please specify):

3. Full name of person(s) subject to thenotification obligation: iii

Pelamis Investments Limited

4. Full name of shareholder(s)  (if different from 3.):iv

Mr. David Christian Steinepreis

5. Date of the transaction and date onwhich the threshold is crossed orreached: v

7 June 2017

6. Date on which issuer notified:

8 June 2017

7. Threshold(s) that is/are crossed orreached: vi, vii

2.55%

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type ofshares

if possible usingthe ISIN CODE

Situation previousto the triggeringtransaction

Resulting situation after the triggering transaction

NumberofShares

NumberofVotingRights

Numberof shares

Number of votingrights

% of voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

170,000,500

170,000,500

75,000,000

75,000,000

2.55%

GB0032654641

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financialinstrument

Expirationdate xiii

Exercise/Conversion Period xiv

Number of votingrights that may beacquired if theinstrument isexercised/ converted.

% of votingrights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financialinstrument

Exercise price

Expiration date xvii

Exercise/Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

75,000,000

2.55%

9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi

Pelamis Investments Limited hold 75,000,000 shares in Polemos Plc

Mr. David Christian Steinepreis disposed of 95,000,500 shares in Polemos Plc in his own name as of yesterday 7th June 2017, he is a director of Pelamis Investments Limited

Proxy Voting:

10. Name of the proxy holder:

11. Number of voting rights proxy holder will ceaseto hold:

12. Date on which proxy holder will cease to holdvoting rights:

13. Additional information:

14. Contact name:

Linda Dowding

15. Contact telephone number:

01481 720581