Supply@me Cap Regulatory News (SYME)

THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER TO SELL OR ISSUE OR THE SOLICITATION TO BUY, SUBSCRIBE FOR OR OTHERWISE ACQUIRE ANY SECURITIES.

10 October 2022

Words and expressions used but not defined in this announcement shall have the meanings given to them in the Company's prospectus published on 3 October 2022 (the "Prospectus"), which is available at: https://www.supplymecapital.com/wp-content/uploads/2022/10/SYME-Prospectus-Clean91.pdf.

SYME, the fintech business which provides an innovative fintech Platform for use by manufacturing and trading companies to access Inventory Monetisation© solutions enabling their businesses to generate cashflow, announces that it has made applications to the FCA and the London Stock Exchange for admission to a Standard Listing and to trading on the Main Market ("Admission") of:

· 9,578,498,083 Secondary Admission Shares, comprising all remaining 1,230,000,000 Venus Mandatory Subscription Shares and all remaining 7,500,000,000 Venus Optional Subscription Shares, being issued at a price of 0.05 pence per share, raising gross proceeds for the Company of £4,365,000, and 848,498,083 Ordinary Shares issued to Venus on conversion of £417,500 Tranche A Venus CLNs plus accrued interest (inclusive of £61,500 in principal amount of Tranche A Venus CLNs to be issued and immediately converted, not attracting interest); and

· further to the issue of 320,855,008 Open Offer Warrants to certain Qualifying Shareholders who participated in the Open Offer, holders of Open Offer Warrants have elected to exercise 30,897,410 Open Offer Warrants. Accordingly, the Company will issue 30,897,410 new Open Offer Shares, and £20,084.24 will be received by the Company as a result of the exercise of such Open Offer Warrants,

with Admission expected to occur on or around 11 October 2022.

As detailed in the Prospectus, the Company will also issue to Venus a total of 2,115,000,000 Venus Warrants, comprising: 1 Venus Warrant for every 2 Venus Mandatory Subscription Shares; and 1 Venus Warrant for every 5 Venus Optional Subscription Shares. Such Venus Warrants each have an exercise price of 0.065 pence and are exercisable at any time up to 31 December 2025.

Accordingly, the Company hereby notifies the market, in accordance with the FCA's Disclosure Guidance and Transparency Rule 5.6.1, that on Admission, the Company's issued share capital will consist of 56,617,688,143 Ordinary Shares, each with one vote. There are no shares held in treasury. On Admission, the total number of voting rights in the Company will be 56,617,688,143 and this figure 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.

Enquiries

Investors & Analysts:

Alessandro Zamboni, CEO, Supply@ME Capital plc, investors@supplymecapital.com

Paul Vann, Walbrook PR Limited, +44 (0)20 7933 8780; paul.vann@walbrookpr.com

Media:

Nicole Louis, MHP, Nicole.Louis@mhpc.com

Orrick, Herrington & Sutcliffe (UK) LLP is acting as legal adviser to SYME.

Notes

SYME and its operating subsidiaries provide a Platform for use by manufacturing and trading companies to access inventory trade solutions enabling their businesses to generate cashflow, via a non-credit approach and without incurring debt. This is achieved by their existing eligible inventory being added to the Platform and then monetised via purchase by third party Inventory Funders. The inventory to be monetised can include warehouse goods waiting to be sold to end-customers or goods/commodities that are part of a typical import/export transaction. SYME announced in August 2021 the launch of a global Inventory Monetisation programme which will be focused on both inventory in transit monetisation and warehouse goods monetisation. This program will be focused on creditworthy companies and not those in distress or otherwise seeking to monetise illiquid inventories.