Capricorn Energy PLC Regulatory News (CNE)

FOR IMMEDIATE RELEASE 1 December 2023

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

TRANSACTIONS IN OWN SHARES

Capricorn Energy PLC (the "Company") announces that, on 30 November 2023, it purchased the following number of its ordinary shares of 735/143 pence each (the "Ordinary Shares") 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 4 May 2023.

Aggregated information of Ordinary Shares purchased on 30 November 2023 according to each trading venue:

Since 4 May 2023, the Company has purchased 5,018,687 Ordinary Shares for cancellation at a cost (including dealing and associated costs) of £13,985,198.12.

Following the cancellation of the purchased shares, there will be 94,004,083 Ordinary Shares in issue. The total voting rights in the Company will accordingly be 94,004,083. This 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 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.

Attachment: http://www.rns-pdf.londonstockexchange.com/rns/3091V_1-2023-11-30.pdf

LEI: 213800ZJEUQ8ZOC9AL24

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