Richoux Group Regulatory News (RIC)

Richoux Group plc (the "Company")

Issue of Equity

The Company has allotted and issued 200,000 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 200,000 new Ordinary Shares to be admitted to trading on AIM. Admission is expected to occur on 11th November 2016.

Following Admission, the Company shall have 92,374,612 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.

7 November 2016

ENQUIRIES:

Richoux Group plc

Philip Shotter, Chairman (020) 7483 7000

Cenkos Securities plc (020) 7397 8900

Bobbie Hilliam