Holding(s) in Company

NORTHACRE PLC

(the ''Company'' or ''Group'')

Holdings in Company

21st October 2016

The Company has today been notified that on 20 October 2016, Spadille Limited acquired 10,773,197 ordinary shares of the Company.

Following the above transaction, Spadille Limited now hold 39,916,257 ordinary shares, representing 94.29 per cent. of the Company's issued share capital and voting rights.

Enquiries:

Northacre PLC

Niccolò Barattieri di San Pietro (Chief Executive Officer)

020 7349 8000

finnCap Limited (Nominated Adviser and Broker)

Stuart Andrews

Emily Watts

020 7220 0500