Richoux Group Regulatory News (RIC)

Richoux Group plc (the "Company")

Issue of Equity

The Company has allotted and issued 60,000 ordinary shares of 4 pence each ("Ordinary Shares") in the capital of the Company following the exercise of options, pursuant to the Company's EMI share option scheme. The Company has made application for the 60,000 new Ordinary Shares to be admitted to trading on AIM. Admission is expected to occur on 5th April 2017.

Following Admission, the Company shall have 99,551,584 Shares in issue, each with voting rights, which figure may be used by shareholders in the Company 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 share capital of the Company under the Financial Conduct Authority's Disclosure and Transparency Rules. The Company does not hold any Shares in Treasury.

31 March 2017

ENQUIRIES:

Richoux Group plc

Susan Ludley (020) 7483 7000

Cenkos Securities plc (020) 7397 8900

Bobbie Hilliam