Publication of a Prospectus

The following amendment has been made to the Publication of Prospectus and Issue of Equity announcement 6301S, released at 7:00 a.m. on 18 March 2021. The link to the Prospectus on the Company's website has been corrected to https://devcleverholdingsplc.com/prospectus. All other details remain unchanged. The full amended text is shown below.

This announcement contains information which, prior to its disclosure, was inside information as stipulated under Regulation 11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310 (as amended)

NOT FOR PUBLICATION OR RELEASE IN OR INTO THE UNITED STATES OR AUSTRALIA, CANADA, JAPAN, NEW ZEALAND, THE REPUBLIC OF IRELAND OR THE REPUBLIC OF SOUTH AFRICA, OR ANY PROVINCE OR TERRITORY THEREOF OR TO OR FOR THE ACCOUNT OF ANY NATIONAL, RESIDENT OR CITIZEN OF THE UNITED STATES OR ANY PERSON RESIDENT IN AUSTRALIA, CANADA, JAPAN, NEW ZEALAND, THE REPUBLIC OF IRELAND OR THE REPUBLIC OF SOUTH AFRICA.

 18 March 2021

Dev Clever Holdings plc

("Dev Clever" or the "Company")

Publication of Prospectus and Issue of Equity

Dev Clever (LSE: DEV), a leading developer of online and immersive career guidance and development platforms and consumer engagement experiences, is pleased to announce the publication of a prospectus dated 17 March 2021. The Prospectus, which has been approved by the FCA, has been published on the Company's website at https://devcleverholdingsplc.com/prospectus and will also be available at the FCA's Document Storage Mechanism at:

https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

Following the publication of the prospectus, 30 million new ordinary shares have been issued to each of Intrinsic Capital Jersey Limited and Sitius Limited at a price of 10 pence per share raising a total of £6 million gross and 1,773,296 new ordinary shares have been issued, in lieu of brokerage fees relating to the introduction of potential investors to the Company.

Applications will be made for the 61,773,296 new shares to be admitted to trading, which is expected to be on or around 23 March 2021.

The new ordinary shares will rank pari passu with the existing ordinary shares of the Company. Following the issue of the new ordinary shares, the Company's issued share capital will comprise of 573,584,189 ordinary shares. This figure of 573,584,189 ordinary shares may be used by shareholders of 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 in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

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For further information please contact:

Notes to Editors:

Dev Clever Holdings plc, together with its wholly owned subsidiary DevClever Limited, is a software and technology group based in Tamworth, United Kingdom, specialising in the use of lightweight integrations of cloud-based VR and gamification technologies to deliver rich customer engagement experiences across both the education and commercial sectors. In January 2019, Dev Clever listed on the Standard List of the London Stock Exchange. The Group's core focus is the development and commercialisation of its core platforms - Educate (its primary focus) and Agency Services (its secondary focus).

Educate Division:

Through Educate, Dev Clever aims to reduce the global skills shortage by delivering an enhanced careers guidance service via its online platform, Launchyourcareer.com, and virtual reality software (Victar VR). The business has established a global partnership with Lenovo to roll its service worldwide, with offerings already on the market in the UK, US and Canada. Dev Clever is also focused on the Indian market and has partnered with its National Independent Schools Alliance (NISA) and content provider Veative to provide a comprehensive service offering within Indian budget private schools. Through this, the business is developing and intends to launch a direct-to-consumer offering in India.

Agency Services Division:

The Company's Agency Services division provides customers from the retail, brand and hospitality sectors with bespoke application and customisation of the Group's proprietary cloud-based products in order to increase consumer engagement, transactional efficiencies and enhance customer experience within their venues.

For further information, please visit www.devcleverholdingsplc.com.