R8 Capital Inv Regulatory News (MODE)

Mode Global Holdings PLC

(the "Company")

CONVERSION OF LOAN NOTES

Mode Global Holdings PLC (LSE: MODE), the LSE-listed Fintech Group, announces that further to and with reference to the Company's announcement dated 13 July 2022 titled "Completion of Fundraising", it has received and accepted conversion notices resulting in the conversion of an aggregate of £175,422.72 principal amount of the Loan Notes, resulting in the issuance today of 3,726,441 new ordinary shares of 1 pence each in the capital of the Company ("New Ordinary Shares") at the relevant conversion prices shown below:

Total Voting Rights

Applications are being made to the Financial Conduct Authority ("FCA") for admission of the New Ordinary Shares to the standard segment of the FCA's Official List and to the London Stock Exchange for admission of the New Ordinary Shares to trading on the London Stock Exchange's main market for listed securities ("Admission"). It is expected that Admission will take place at 8:00 a.m. on 17 August 2022.

The Company confirms that as at the date of this announcement, the Company's issued share capital comprises a total of 95,172,537 Ordinary Shares, with each share carrying the right to one vote. The Company does not hold any ordinary shares in treasury. Shareholders may therefore use this figure 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 FCA's Disclosure Guidance and Transparency Rules.

Press contacts:

Fiona McAra, MRM

+44 (0)7471 350286

mode@mrm-london.com 

Julie Sand, Mode Global Holdings PLC

+44 (0)203 773 0588

julie.sand@modeapp.com

Notes to Editors

About Mode:

Mode is an LSE-listed fintech company on a mission to build the world's most disruptive ecosystem where exchanging value and growing wealth is seamless for all. Mode is leveraging the power of Bitcoin and Open Banking to deliver on this mission and offer customers in the UK a one-stop app to shop, earn and grow their Bitcoin, all in one place. For businesses, Mode provides a cheaper, safer and smarter alternative to card payments that rewards shoppers with Bitcoin Cashback.

To learn more, visit our customer/business site at www.modeapp.com or our investor site at www.modeplc.com.