Issue of Equity

9 August 2017

Red Leopard Holdings Plc

("Red Leopard" or the "Company")

Exercise of Warrants and Issue of Equity

Red Leopard announces that it has received notices to convert a total of 37,500,000 warrants ("Warrants") into 37,500,000 ordinary shares of 0.1 pence each (the "Warrant Shares") at an exercise price of 0.1 pence per share in accordance with the terms of Warrant Instruments dated 27 February 2017.

The subscription amount of £37,500 has been received by the Company pursuant to the exercise of Warrants.

Total Voting Rights

Application has been made for 37,500,000 new Ordinary Shares to be admitted to trading on AIM, with dealings expected to occur on or around 14 August 2017 ("Admission"). The new Ordinary Shares, when issued, will rank pari passu in all respects with the existing issued shares of the Company.

Following admission of the new Ordinary Shares, the Company will have 1,528,779,061 Ordinary Shares of 0.1p, with voting rights, in issue.

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 in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.