Ura Holdings Regulatory News (URAH)

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO OR FROM THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT.

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF REGULATION 2014/596/EU WHICH IS PART OF DOMESTIC UK LAW PURSUANT TO THE MARKET ABUSE (AMENDMENT) (EU EXIT) REGULATIIONS (SI 2019/310) ("UK MAR"). UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION (AS DEFINED IN UK MAR) IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

URA Holdings plc

("URA" or "Company")

Conversion of Convertible Loan Note (CLN) and issue of equity

Following the passing of Resolution 10 at the Company's annual General Meeting, held on 30 June 2023 and in accordance with the terms of the CLN Agreement between the Company and Austin Acquisition 1 Limited (AA), the investing company of Andrew Austin, the £50,000 of £1 Convertible Loan Notes held by AA have been duly converted in to 2,500,000 ordinary shares of the Company at a conversion price of £0.02 per share.

Application for Admission

Application will be made for the Subscription Shares to be admitted to trading on the Main Market of the London Stock Exchange. It is expected that admission will become effective on 14 July 2023.

The Subscription Shares will, on admission, rank pari passu in all respects with the Ordinary Shares in issue and will rank in full for all dividends and other distributions hereafter declared, paid or made on the ordinary share capital of the Company.

Total Voting Rights

Following the issue of the Subscription Shares, the Company will have 158,345,590 Ordinary Shares in issue, each share carrying the right to one vote.

This figure of 158,345,590 Ordinary Shares 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 in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

For the purposes of UK MAR, the person who arranged the release of this information is Bernard Olivier, Chief Executive Officer of URA.

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