Listing of Ordinary Shares

14 July 2016

Intelligent Energy Holdings plc

Listing of Ordinary Shares

Intelligent Energy, the energy technology company, announces that an application has been made for admission to (i) the Official List of the UK Financial Conduct Authority and (ii) to trading on the London Stock Exchange's main market for listed securities (collectively, "Admission") for a new issue of 1,671,088 ordinary shares of 5 pence each in the Company (the "New Ordinary Shares").

As noted in the market announcement of 16 June 2016, Tranche 3 of the 2013 Management Incentive Plan ("2013 MIP") vested on 9 July 2016, being the second anniversary of the Company's IPO. As such, pursuant to its contractual commitments for those participants still eligible under the 2013 MIP, the Company will issue 1,671,088 New Ordinary Shares which will be delivered to participants of the 2013 MIP as soon as possible following Admission. This represents the final tranche of the 2013 MIP which crystallised on the Company's IPO in July 2014.

Further details in relation to the 2013 MIP can be found in the Company's Prospectus that was published in July 2014, as well as in the Directors' Remuneration Report sections of both the 2014 and 2015 Annual Reports (copies of which can be downloaded from the investor section of the Company's website, at www.intelligent-energy.com).

Total issued share capital

It is expected that Admission will become effective on 18 July 2016. The New Ordinary Shares will rank pari passu in all respects with the Company's existing ordinary shares in issue. Following the issue of these 1,671,088 New Ordinary Shares, the Company's issued share capital will be 206,239,331. The Company has no shares in treasury and therefore the total voting rights of the Company following Admission will be 206,239,331.

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