APC Technology Regulatory News (APC)

22 August 2016

APC Technology Group PLC

("APC" or the "Group")

Conversion of loan notes, issue of shares and director deal

APC Technology Group PLC, the provider of technologies and services to improve organisational sustainability and operational performance and the specialist distributor of electronic components, is pleased to announce that, further to the announcement issued on 2 August 2016, it has agreed with Richard Hodgson, Chief Executive Officer of the Company, to convert all the loan notes with a face value of £10,000 held by him, into 125,000 ordinary shares of 2 pence each in the capital of the Company ("Ordinary Shares") at a conversion price of 8p per Ordinary Share.

Application for admission to trading, total voting rights

Application has been made to the London Stock Exchange for the 125,000 new Ordinary Shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will occur at 8.00 a.m. on 26 August 2016.

Following Admission, the Company's enlarged issued share capital will comprise 127,804,777 Ordinary Shares. The Company does not hold any Ordinary Shares in treasury. Therefore, the total number of Ordinary Shares in the Company will be 127,804,777. This figure 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 FCA's Disclosure Guidance and Transparency Rules.

Following Admission, Richard Hodgson's interest in the share capital of the Company will comprise 1,625,000 Ordinary Shares, representing 1.27 per cent. of the Company's share capital.

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