Utilitywise Regulatory News (UTW)

Utilitywise Plc

("Utilitywise" or "The Company")

Completed Secondary Placing

Utilitywise PLC (AIM:UTW), a leading independent utility cost management consultancy, is pleased to announce that, finnCap, the Company's broker, has conducted an oversubscribed placing of 10,350,525 existing ordinary shares of 0.1 pence in the Company ("Ordinary Shares") (the "Placing Shares" and the "Placing") with new and existing institutional investors, at a price of 290 pence per Ordinary Share.

Certain directors of the Company ("Directors") and employees have also exercised, in aggregate, 2,038,750 options (the "Options") over Ordinary Shares following the maturing of the Utilitywise 2012 Long Term Incentive Plan. The 2,038,750 new Ordinary Shares issued pursuant to the exercise of Options (the "New Ordinary Shares") will rank pari passu with the Company's existing Ordinary Shares. Application has been made for the New Ordinary Shares to be admitted to trading on AIM ("Admission"), and Admission is expected to occur at 8.00 a.m. on 26 June 2014.

The Placing Shares have been sold on behalf of certain Directors, certain employees of the Company, and Simon Butterfield, a former Director of the Company. The Placing Shares represent, in aggregate, 13.9 per cent. of the enlarged issued share capital of the Company.

Subsequent to the exercise of Options and the Placing, the Directors' revised shareholdings are set out below:

* represents Options held by Hub Capital Limited

In addition, following completion of the sale of 1,162,500 Placing Shares, Simon Butterfield, previously a Director of the Company, will have a resultant shareholding of 1,162,500 Ordinary Shares, representing approximately 1.6 per cent. of the enlarged issued share capital of the Company.

All Ordinary Shares held by the Directors subsequent to the Placing will remain subject to the lock-in obligations contained within the lock-in deed entered into between Utilitywise plc, finnCap Limited, Geoff Thompson, Andrew Richardson and Adam Thompson, dated 12 June 2013.

Following the exercise of Options the issued share capital of the Company is 74,483,450 Ordinary Shares, with each share carrying one right to vote. The above figure of 74,483,450 should 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 Utilitywise under the FSA's Disclosure and Transparency Rules.

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About Utilitywise

Utilitywise is a leading independent utility cost management consultancy based in South Shields, Tyne and Wear. The Company has established trading relationships with a number of major UK energy suppliers and provides services to its customers designed to assist them in achieving better value out of their energy contracts, reduced energy consumption and lower carbon footprint.

Businesses large and small rely on Utilitywise for their energy management needs. Clients range in size from high street shops to multinationals with thousands of sites and cover the whole of the UK. In total, Utilitywise has over 17,000 customers and manages an overall energy consumption of approaching 20 terra watt hours per annum.

Utilitywise is a UK company quoted on the AIM market of the London Stock Exchange. For more information, please visit www.utilitywise.com.