Recommended cash offer

9 December 2022

Crestchic PLC

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

Recommended cash offer

Crestchic PLC, the power reliability company, notes the announcement made on 8 December 2022 by Aggreko Limited (the "Announcement") of its recommended cash offer for the Company. Further details of Aggreko Limited's offer can be found in the Announcement.

For further information

Crestchic Plc 01283 531645

Peter Harris, Executive Chairman

Iwan Phillips, Finance Director

Amy Avery, Company Secretary & Legal Counsel

Smith Square Partners (Financial Adviser) 020 3696 7260

John Craven / Angus Grierson / Paul Baines

Shore Capital (Nominated Adviser and Broker) 020 7408 4050

Robert Finlay / David Coaten / Henry Willcocks

Buchanan Communications 020 7466 5000

Charles Ryland / Stephanie Whitmore

About Crestchic:

Crestchic Plc hires and sells specialist industrial equipment. With offices or agents in the UK, USA, The Middle East, Belgium, Germany, France, Singapore, China and South Korea, Crestchic has a global customer base. This includes utility companies, renewables, the oil and gas sector, data centres, shipping, banking, mining, construction and the public sector. The product range includes loadbanks and transformers. Crestchic was admitted to AIM in 2006 since when it has grown by providing a high level of service, responsiveness and flexibility to customers.