Issue of Equity and Total Voting Rights

For immediate release

9 February 2021

Joules Group plc

('Joules' or the 'Group')

Issue of Equity and Total Voting Rights

Following the announcement earlier today regarding the acquisition of The Garden Trading Company Limited ("Garden Trading"), Joules confirms that application has been made to the London Stock Exchange for 2,828,535 new ordinary shares of 1 pence each ("Ordinary Shares") to be admitted to trading on AIM. It is expected that admission of the new Ordinary Shares to AIM ("Admission") will become effective and that dealings on AIM will commence at 8.00 a.m. on 10 February 2021.

In conformity with Rule 5.6.1 of the Disclosure Guidance and Transparency Rules, the total number of Ordinary Shares in issue following Admission will be 111,237,778. All of the Ordinary Shares have equal voting rights and there are no Ordinary Shares held in treasury.

Following Admission, the figure of 111,237,778 Ordinary Shares represents the total voting rights in the Company and may be used by shareholders as the denominator for the calculations by which they can determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

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