Response to lapsed offer

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION

FOR IMMEDIATE RELEASE

3 May 2019

Findel plc ("Findel" or the "Group")

Response to the Lapsing of the Sports Direct Mandatory Offer

The Findel Board welcomes today's announcement from Sports Direct that its Mandatory Offer for Findel has now lapsed and is pleased that shareholders have demonstrated their support of the Group's strategy and management. We look forward to continuing to work with Sports Direct for the benefit of all stakeholders.

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Further information

A copy of this announcement will be available at www.findel.co.uk. The content of the website referred to in thisannouncement is not incorporated into and does not form part of this announcement.

N+1 Singer Advisory LLP (which is authorised and regulated in the United Kingdom by the Financial Services Authority)is acting exclusively for the Group in connection with the matters referred to above and no one else and will not beresponsible to anyone other than the Group for providing the protections offered to clients of N+1 Singer Advisory LLPnor for providing advice in relation to the matters referred to above.

Stifel Nicolaus Europe Limited ("Stifel"), which is authorised and regulated in the United Kingdom by the FinancialConduct Authority, is acting exclusively for Findel and no one else in connection with the above and will not beresponsible to anyone other than Findel for providing the protections offered to clients of Stifel nor for providingadvice in relation to the subject matter of this announcement or any other matters referred to in this announcement.