Finseta Regulatory News (FIN)

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF EU REGULATION 596/2014.

17 August 2020

Finablr PLC ("Finablr" or the "Company")

Announcement concerning HMRC

The Company has also received notification from HMRC concerning two of its subsidiary companies, namely UAE Exchange UK Limited ("UAEExUKL") and Xpress Money Services Limited ("XMSL"), regarding the proposed suspension (for UAEExUKL) and suspension (for XMSL) of their respective business registrations. Suspension of business registration would result in cessation of business by the relevant entities unless and until the suspension is lifted. The Company intends to work with HMRC to attempt to restore the registrations.

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Enquiries

The Company

Bhairav Trivedi, Group Chief Executive Officer +1 (484) 358-7357

Ryan Ayache, Head of Investor Relations +971 2 3073 176

For more information, visit the Finablr website: www.finablr.com