Result of General Meeting

The People's Operator plc

("TPO" or the "Company")

Result of General Meeting

The People's Operator plc (AIM: TPOP), the cause-based commercial mobile virtual network operator, is pleased to announce that at the Company's general meeting held earlier today, all resolutions put to shareholders were duly passed.

Accordingly, the subscription of 34,001,900 new ordinary shares of £0.005 each in the capital of the Company ("Ordinary Shares") (the "Subscription Shares") raising gross proceeds of approximately £1.7 million for the Company, will be complete upon the admission to trading on AIM ("Admission") of the Subscription Shares becoming effective, which is expected to occur at 8.00 a.m. on Monday 19 December 2016.

In addition, finnCap has applied its advisory fees and commissions to subscribe for 2,200,095 new Ordinary Shares (the "Advisory Shares"). Admission of the Advisory Shares is also expected to occur at 8.00 a.m. on Monday 19 December 2016.

Further details of the Subscription is set out in the announcement and the circular to Shareholders, both of which are dated 28 November 2016, copies of which are available on the Company's website, https://www.thepeoplesoperator.com/investorrelations.

Subsequent to Admission of the Subscription Shares and the Advisory Shares, the total number of Ordinary Shares in issue will be 113,995,339. There are no Ordinary Shares held in treasury and so the total number of voting rights in the Company is 113,995,339.

The above figure of 113,995,339 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.

For further information

The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.