Aurrigo Regulatory News (AURR)

21 November 2023

Aurrigo International plc

Block Listing Application

Aurrigo International plc (AIM: AURR, the "Company" or "Aurrigo"), a leading international provider of transport technology solutions, announces that an application has been made to the London Stock Exchange for a block listing in respect of 1,666,664 ordinary shares of £0.002 each ("Ordinary Shares") in the capital of the Company (the "Block Admission"). This Block Admission will be used to satisfy the future issue of shares pursuant to exercises of options under the Company's EMI Share Option Plan which was formally announced as part of the IPO listing in September 2022. No increase in share capital has yet been made pursuant to this listing.

The Company's issued share capital will not change as a result of the Block Admission. When issued, the new Ordinary Shares will be credited as fully paid and will rank pari passu in all respects with the existing Ordinary Shares in the capital of Induction. It is expected that admission will become effective on 24 November 2023.

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About Aurrigo

Aurrigo is a leading international provider of transport technology solutions. Headquartered in Coventry, UK, it designs, engineers, manufactures and supplies autonomous vehicles and OEM products to the automotive and transport industries, particularly focusing on aviation. It is highly regarded as a specialist in autonomous and semi-autonomous technology solutions for the aviation, ground handling and cargo industries. Aurrigo has developed six types of autonomous vehicle to date, which can be utilised to reduce costs, resolve operational issues and tackle labour shortages, whilst also improving sustainability. Aurrigo has three divisions, Automotive Technology, Autonomous Technology and Aviation Technology. For more information, see www.aurrigo.com