KOOV.L Regulatory News (KOOV)

For immediate release

1 August 2018

Koovs plc("Koovs" or the "Company")

Result of General Meeting

On 16 July 2018, the Company published its shareholder circular (the "Circular") in connection with the Capital Raising, tranches 1 and 2 of the HT Media Strategic Agreement and the renewal of the Company's general authorities to allot Ordinary Shares and disapply pre-emption rights up to approximately 33 per cent. of the nominal value of the Enlarged Issued Share Capital.

Koovs is pleased to announce that the Resolutions proposed at the General Meeting held earlier today were all duly passed by Shareholders.

The Capital Raising remains conditional on the satisfaction of certain conditions, including Admission.

Application has been made for the admission of the Placing Shares and the Subscription Shares to trading on AIM, which is expected to become effective and dealings commence at 8.00 a.m. on 6 August 2018.

Following Admission, the total number of Ordinary Shares in issue with voting rights will be 313,260,293 Ordinary Shares and Shareholders may use this figure as the denominator for the calculations by which they will 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.

Further details regarding the date of admission of Ordinary Shares to HT Media pursuant to the HT Media Strategic Agreement will be announced by the Company via a Regulatory Information Service in due course, subject to the satisfaction or waiver of the applicable conditions.

Capitalised terms used in this announcement shall have the same meanings given to them in the Circular.

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