JSOP Awards and TVR

JSOP Awards

And

Total Voting Rights

Anpario (AIM: ANP), the independent manufacturer of natural sustainable animal feed additives for health, nutrition and biosecurity, announces that, on 21 July 2025, it allotted a total of 150,588 new ordinary shares of 23p each in the Company ("Ordinary Shares") to certain employees ("Participants") pursuant to The Anpario plc Employee's JSOP ("JSOP"). The Ordinary Shares have been issued at a subscription price of 395 pence each, being the mid-market closing price per Ordinary Share on 16 July 2025 ("Closing Price"), pursuant to the terms of the JSOP.

The Ordinary Shares have been issued into the respective joint beneficial ownership of (i) the Participants and (ii) the trustee of the JSOP and the Employees' Share Trust ("Trust"), upon and subject to the terms of joint ownership agreements ("JOAs") respectively entered into between the Participants, the Company and the Trustee. The subscription price has been paid by the Trust out of funds advanced to it by the Company.

The terms of the JOAs provide, inter alia, that if jointly owned Ordinary Shares become vested and are sold, the proceeds of sale will be divided between the joint owners so that the Participants receive an amount equal to any growth in the market value of the jointly owned Ordinary Shares above the initial market value of 395 pence per share, less a "carrying cost" (equivalent to simple interest at 4.5 per cent per annum on the initial market value) and the Trust receives the initial market value of the jointly owned shares plus the carrying cost. Jointly owned Ordinary Shares will become vested if the Participants remains with the Company for a minimum period of 3 years, there are no performance conditions.

An application has been made to the London Stock Exchange plc for the admission to trading on AIM of 150,588 Ordinary Shares in respect of the new Ordinary Shares awarded under the JSOP. It is expected that admission of these new Ordinary Shares will become effective on 23 July 2025 ("Admission"). These new Ordinary Shares will rank pari passu in all respects with the existing Ordinary Shares in issue.

Following Admission, the Company's total issued share capital will be 20,595,829 Ordinary Shares (excluding 29,000 Ordinary Shares held in treasury). This figure represents the total number of voting rights in the Company. 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 to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.