Xp Factory Regulatory News (XPF)

11 January 2022

XP Factory Plc

("XP Factory", the "Company" or the "Group")

Conversion of Convertible Loan Notes

and

Total voting rights

XP Factory announces that it has received a Noteholder Notice of Conversion in relation to all of its outstanding Convertible Loan Notes ("Notes") together with all accrued interest. £340,000 Notes were issued by the Company on 2 July 2020 as part of the £4.3 million fundraising completed at that time and accrue interest at 10 per cent. per annum. In accordance with the terms of the Notes, the conversion price is 9p per share and the conversion of the principal amount of the Notes, together with accrued interest, will result in the issue by the Company of 4,378,082 new XP Factory shares ("New Ordinary Shares") on 2 February 2022.

Application will be made for admission of the New Ordinary Shares to trading on AIM ("Admission"). It is expected that Admission will become effective and dealings in the Ordinary Shares will commence at 8.00 a.m. on 3 February 2022.

 Total Voting Rights

Upon Admission, the Company's total issued share capital will be 150,383,180 Ordinary Shares and the Company does not hold any shares in treasury. This figure may be used by shareholders as the denominator for 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:

Notes to Editors:

About XP Factory plc

The XP Factory Group is one of the UK's pre-eminent experiential leisure businesses which currently operates two fast growing leisure brands. Escape Hunt is a global leader in providing escape-the-room experiences delivered through a network of owner-operated sites in the UK, an international network of franchised outlets in five continents, and through digitally delivered games which can be played remotely.

Boom Battle Bar is a fast-growing network of owner-operated and franchise sites in the UK that combine competitive socialising activities with themed cocktails, drinks and street food in a high energy, fun setting. Activities include a range of games such as augmented reality darts, Bavarian axe throwing, 'crazier golf', shuffleboard and others. The Group's products enjoy premium customer ratings and cater for leisure or teambuilding, in small groups or large, and are suitable for consumers, businesses and other organisations. The Company has a strategy to expand the network in the UK and internationally, creating high quality games and experiences delivered through multiple formats and which can incorporate branded IP content. (https://xpfactory.com/)

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Instagram: @escapehuntuk @boombattlebar