Transaction in Own Shares

FOR IMMEDIATE RELEASE

29 July 2024

CAPRICORN ENERGY PLC ("Capricorn" or "the Company")

TRANSACTIONS IN OWN SHARES

Capricorn Energy PLC (the "Company") announces that, on the business day prior to this announcement, it purchased the following number of its ordinary shares of 799/122 pence each (the "Ordinary Shares") for cancellation through Merrill Lynch International ("BofA Securities"). Such purchase was effected pursuant to the instructions issued by the Company in accordance with the share repurchase arrangements entered into with BofA Securities, as announced on 17 June 2024.

Aggregated information of Ordinary Shares purchased according to each trading venue:

Venue

Weighted average price paid per share (GBP)

Aggregate number of shares purchased

Lowest price paid per share (GBP)

Highest price paid per share (GBP)

London Stock Exchange

192.22

13,958

190.60

192.60

Chi-X (CXE)

192.09

1,730

192.00

192.20

BATS (BXE)

189.60

68

189.60

189.60

Total (all venues)

192.19

15,756

189.60

192.60

A summary of the share buyback programme since announcement on 4 May 2023 is below:

Total number of Ordinary Shares purchased to date

7,786,314

Total cost of the share buyback programme to date (including dealing and associated costs)

£18,009,216

Total Ordinary Shares in issue following the cancellation of the purchased shares

71,452,424

Total voting rights following cancellation of the purchased shares

71,452,424

The "total voting rights following cancellation of the purchased shares" figure 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 Disclosure Guidance and Transparency Rules.

A full breakdown of the individual trades made by BofA Securities on behalf of the Company as part of the share repurchase programme is attached to this document.

LEI: 213800ZJEUQ8ZOC9AL24

This announcement does not constitute, or form part of, an offer or any solicitation of an offer for securities in any jurisdiction.

Enquiries

Analysts/Investors/Media

Diana Milford, Corporate Affairs

Tel: 0131 475 3000