Boston Int Regulatory News (BIH)

20 May 2022

BOSTON INTERNATIONAL HOLDINGS PLC

("BIH" or the "Company")

Result of General Meeting

Total Voting Rights

The Board of Directors of the Company (the "BIH Board") announces that at the General Meeting of the Company held earlier today (the "General Meeting"), all resolutions put to shareholders were duly passed.

The full text of the resolutions can be found in the Notice of the General Meeting contained in the Circular to shareholders on the Company's website at https://www.bihplc.com/shareholder-information/circulars. A copy of the Circular was also submitted to the National Storage Mechanism and is available at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

At the General Meeting, there was also a discussion as to whether any, and if so what, steps should be taken to deal with the Company's 'serious loss of capital' position pursuant to section 656 of the Companies Act 2006.

As a general update to all of those shareholders who were not present at the General Meeting, the BIH Board is continuing to review potential new acquisition opportunities. Whilst it continues its assessment of potential acquisition opportunities, the BIH Board will prudently manage the Company's remaining cash reserves and minimise its operating expenses in order to put the Company in the best position possible to complete an acquisition.

Dealings in Ordinary Shares of 0.1 pence nominal value

The last day of dealings in existing ordinary shares of 1 pence each in the Company will be today and it is anticipated that dealings will commence in ordinary shares in the Company with their new nominal value of 0.1 pence per share at 8.00am on Monday, 23 May 2022.

The ordinary shares in the Company with their new nominal value of 0.1 pence per share will have the same SEDOL and ISIN codes as the existing ordinary shares of 1 pence each in the Company: SEDOL code BD70S87 and ISIN code GB00BD70S874.

Total voting rights

Following the share capital reorganisation approved pursuant to Resolution 1 passed at the General Meeting, the Company's issued share capital consists of 112,219,843 ordinary shares of 0.1 pence, each with one voting right. The Company does not hold any ordinary shares in treasury. Therefore, the total number of voting rights in the Company is 112,219,843.

The above figure of 112,219,843 should be used by shareholders in the Company as the denominator for the calculation by which they may determine if they are required to notify their interest in, or change to their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.

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