Issue of Shares and TVR

Huddled Group plc 

("Huddled", the "Company" or the "Group")

Issue of Shares and TVR

Huddled Group plc (AIM:HUD), the circular economy e-commerce group, announces the issue of deferred consideration shares relating to the acquisition of Nutricircle Limited.

Issue of shares

Further to the announcement on 12 April 2024, the Company has issued and allotted, conditional to admission to trading on AIM ("Admission"), a total of 2,096,436 Ordinary Shares1 ("New Ordinary Shares") in the Company at a price of 2.385 pence, set at the time of the acquisition, in satisfaction of the £50,000 deferred share consideration for Nutricircle Limited (formerly Food Circle Supermarket Limited).

Application has been made for the New Ordinary Shares to be admitted to trading on AIM, with Admission expected to take place on or around 22 April 2025. Upon Admission, the New Ordinary Shares will rank pari passu in all respects with the existing ordinary shares.

Following Admission, Paul Simpson, a director of the Company, will hold a total of 2,096,436 Ordinary Shares in the Company, representing 0.65% of the Enlarged Share Capital.

Total voting rights

Following Admission, the total number of Ordinary Shares and voting rights in the Company will be 323,413,419 ("Enlarged Share Capital"). The Company does not hold any shares in treasury.

The above figure may be used by shareholders in the Company 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 share capital of the Company under the FCA's Disclosure and Transparency Rules.

1ordinary shares of 0.040108663 pence each in the Company ("Ordinary Shares")

Enquiries:

For further information please visit www.huddled.com/investors, or contact: