SHRE.L Regulatory News (SHRE)

SHARE PLC

RESULT OF OFFER OF SHARES BY GAVIN OLDHAM

Share plc (the "Company") announced on 2 June 2015 that Gavin Oldham, founder and Executive Chairman, was making an offer for sale of up to 10,884,848 ordinary shares in the capital of the Company ("Ordinary Shares") held by him and certain members of the Oldham Family at a price of 33p per Ordinary Share. The Offer closed at 5.00pm on 16 June 2015.

Share plc is pleased to announce that the offer was 95.7% subscribed. As a result, Gavin Oldham has sold 9,595,638 Ordinary Shares and Kathryn Maintzer, a member of the Oldham Family, has sold 818,182 Ordinary Shares.

Pursuant to the Offer, Miton Asset Management Limited ("Miton") as the delegated investment manager for Miton UK MicroCap Trust plc has acquired 2,272,727 Ordinary Shares. Miton as the delegated investment manager of CF Miton UK Smaller Companies Fund, holds 1,600,000 Ordinary Shares in the Company. This purchase takes Miton's aggregate holding in the Company to 3,872,727 Ordinary Shares, representing approximately 2.7% of the issued share capital of the Company.

Pursuant to the Offer, Sharesecure Limited ("Sharesecure"), a trustee for The Share Centre Limited's employee benefit trust (both subsidiaries of the Company) has acquired 3,700,000 Shares. This takes the holding of Sharesecure Limited to 5,752,350 Ordinary Shares, representing approximately 4% of the issued share capital of the Company. Sharesecure will continue to purchase stock in the secondary market, in line with its ongoing policy, to meet Share Incentive Plan and option exercise requirements.

The remaining 4,912,121 Ordinary Shares available to be acquired pursuant to the Offer were offered to personal investors through The Share Centre acting as broker to the Offer. A total of 4,441,093Ordinary Shares have been subscribed for by a total of 1046 personal investors.

In aggregate therefore, 10,413,820 Ordinary Shares were acquired pursuant to the Offer resulting in gross proceeds to Gavin Oldham and certain members of the Oldham Family of £3,436,560.60. As announced on 2 June 2015, over 90% of the net proceeds of the Offer will be used by Gavin Oldham to fund Share Radio.

Gavin Oldham confirmed in the Offer Document that neither he nor (so far as he is aware) the other members of the Oldham Family concert party currently have any intention of reducing their aggregate holding of Ordinary Shares within the 12 months following the Offer.

As a result of the success of the Offer the Oldham Family's holding in Share plc has reduced from 76.10% to 68.85%.

Capitalised terms in this announcement have the same meaning as ascribed to them in the circular to shareholders detailing the Offer dated 2 June 2015.

Richard Stone, Chief Executive, Share plc commented:

"This Offer by Gavin Oldham represents a very logical step in the history of the Company building its investor shareholder base. I am delighted that Miton have increased their investment in the Company and am appreciative of their continued support. I am also very pleased to welcome new personal investors as shareholders in the Company and am grateful to those personal investors who used the Offer to increase their holdings. We offer a valuable shareholder perk - a 30% reduction in online dealing commission for holders of Share plc shares - and I look forward to ensuring we meet the expectations of those personal investors both as customers and shareholders. Finally, I would wish Gavin and Share Radio well. We look forward to seeing Share Radio prosper and The Share Centre benefit from the increased brand awareness and improved financial education Share Radio is aspiring to achieve."

Following successful completion of the Offer, Gavin Oldham said: "I am delighted that so many customers of The Share Centre have taken the opportunity to buy shares in Share plc through the Offer: individual share ownership lies at the heart of our business, and it is good to see part of my holding in the Company taken up by its customers, and by staff through the Employee Benefit Trust. I am also very pleased that Miton have increased their stake: Gervais Williams is a strong supporter of small and growing UK companies, and I very much appreciate the confidence he has in the Group's prospects. Meanwhile the high take-up of the Offer places a firm foundation under Share Radio, which is now well placed to build its audience, contributing significantly to increased financial awareness and to the profile of the 'Share' brand."

For further information please contact:

Gavin Oldham 01296 439 100, 07767 337 696

Share plc

Richard Stone, Chief Executive, 01296 439 270

Barbara Pierssene, Company Secretary

Cenkos Securities plc (Nominated Adviser)

Ivonne Cantu / Mark Connelly 020 7397 8900

This announcement constitutes a financial promotion under FSMA and has been approved for the purposes of section 21 of FSMA by The Share Centre Limited, a subsidiary of Share plc, acting as sole broker for the Offer. The Share Centre Limited is a member of the London Stock Exchange and is authorised and regulated by the Financial Conduct Authority under reference number 146768.