Rule 2.11(c) Announcement

Columbia Threadneedle Investments

Disclosure under Rule 2.11(c) of The City Code on Takeovers and Mergers

Columbia Threadneedle Investments ("Columbia Threadneedle") provided a non-binding letter of intent to Pi UK Bidco Limited (Bidco) on 03 August 2017 regarding the proposed acquisition of Paysafe Group plc.

In accordance with Rule 2.11(c) of The City Code on Takeovers and Mergers, Columbia Threadneedle announces that following disposals to date it no longer intends to fully comply with this letter of intent in respect of 7,897,763 ordinary shares in Paysafe Group plc, on behalf of its clients.

The non-binding letter of intent issued on 03 August 2017 still applies to 7,733,754 ordinary shares in Paysafe Group plc.

Columbia Threadneedle Investments

17 August 2017