Marlowe Regulatory News (MRL)

15 July 2020

Marlowe plc

Result of General Meeting

Marlowe plc ("Marlowe" or the "Company"), the specialist services group focused on developing companies which assure safety and regulatory compliance, is pleased to confirm that, at the General Meeting held today, all resolutions proposed were duly passed.

Accordingly, further to the Results of the Placing announcement dated 26 June 2020, the Company confirms that, subject to among other matters admission becoming effective, it will on 17 July 2020 issue and allot 3,957,770 new ordinary shares of 50 pence each ("New Ordinary Shares") at a price of 478 pence per share pursuant to the Second Placing. The New Ordinary Shares will represent approximately 7.3 per cent. of the Company's enlarged ordinary share capital.

Further details of the Acquisition and the Placing can be found in the announcement dated 26 June 2020 and the circular posted to shareholders on 29 June 2020. Other than where defined, capitalised terms used in this announcement have the meanings given to them in the announcement dated 26 June 2020.

Total Voting Rights

Following admission of the New Ordinary Shares, the Company's issued ordinary share capital will comprise 54,413,759 ordinary shares, none of which are held in treasury. Therefore, the total number of ordinary shares with voting rights in Marlowe following admission will be 54,413,759.

The above figure of 54,413,759 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 FCA's Disclosure Guidance and Transparency Rules.

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About Marlowe plc

Marlowe is a UK leader in specialist services which assure safety and regulatory compliance, whilst managing risk for businesses across the country. The company was formed to create sustainable shareholder value through the acquisition and development of businesses that provide regulated inspection, testing and compliance services. It is focused on health & safety, employment law compliance, fire safety, security, water treatment & hygiene, air quality and occupational health services - all of which are vital to the wellbeing of its customers operations and are invariably governed by regulation. Marlowe currently provides technology enabled services to over 15% of Britain's commercial premises and is increasingly attractive to customers who require a single outsourced, nationwide, provider of a comprehensive range of regulated compliance and safety services. Our customers can be found in most office complexes, high streets & leisure facilities, manufacturing plants and industrial estates, and include SMEs, local authorities, facilities management providers, multi-site NHS trusts and FTSE 100 companies.