Result of GM and Completion of WeShop Share Swap

17 June 2019

DEFINED TERMS USED BUT NOT DEFINED IN THIS ANNOUNCEMENT HAVE THE MEANINGS SET OUT IN THE SHARE SWAP WITH TWO SHIELDS INVESTMENTS'ANNOUNCEMENT RELEASED ON 24 MAY 2019

Two Shields Investments plc

(the "Company" or "TSI")

Result of GM and Completion of WeShop Share Swap

Two Shields Investments plc, the AIM quoted investment company with a strategy to build a portfolio of high-quality investments in fast growing and scalable digital and technology enabled businesses, is pleased to announce that, at the General Meeting held earlier today, all resolutions were passed.

As a result, the Company can confirm that it has issued 1,000,000,000 shares in TSI as part of the WeShop Share Swap. These shares are expected to be admitted to trading at 800 a.m. on 18 June 2019 ("Admission") and will result in TSI increasing its stake in WeShop from approximately 1.71% to 6.7%.

Following Admission, the Company's issued share capital will comprise 3,361,596,558 Ordinary Shares, each with voting rights. The above figure of 3,361,596,558 Ordinary Shares may be used by shareholders in 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 Disclosure Guidance and Transparency Rules.

-Ends-

For further information please visit https://twoshields.co.uk/ or contact:

Notes to Editors:

Two Shields Investments plc, the AIM quoted investment company with a strategy to build a portfolio of high-quality investments in fast growing, scalable digital and technology enabled businesses, including those in the cyber security, e-commerce services and consumer sectors. The Company has appointed an experienced Board of Directors with a proven pedigree in the origination, acquisition, development & sale of projects and creating value for shareholders. The investment mandate covers unquoted and quoted businesses, as well as direct project investment. Where appropriate the Board will apply its extensive combined experience to directly support investee businesses achieve their growth potential.