Replacement Further Share Issue under Open Offer

The following amendment has been made to the 'Further Share issue under Open Offer and Total Voting Rights' announcement released on 4 June 2018 at 11.31 under RNS No 1998Q.

The Company has received further applications from Qualifying Shareholders in respect of 1,025,697 Ordinary Shares of 1p each (the "Additional Shares") and consequentially the Ordinary Shares in issue following the issue of the Additional Shares, will be 118,079,093 Ordinary Shares. The numbers originally stated in the previous announcement (RNS No 1998Q) are incorrect and should be disregarded.

All other details remain unchanged.

The full amended text is shown below.

4 June 2018

Polemos plc

("Polemos" or the "Company")

Further Share issue under Open Offer and Total Voting Rights

Further to the announcements of 18 May 2018 and 1 June 2018, the Company now announces that it has received further applications from Qualifying Shareholders in respect of 1,025,697 Ordinary Shares of 1p each (the "Additional Shares") which were received after the deadline for valid acceptances under the Open Offer had passed.

The Board have decided to accept these applications, which amount to approximately £10,250.

Application has been made to the London Stock Exchange for the Additional Shares to be admitted to trading on AIM. It is expected that admission of the Additional Shares will become effective at 8.00 a.m. on 5 June ("Admission"). The Ordinary Shares will rank pari passu in all respects with the existing Ordinary Shares in issue and will carry the right to receive all dividends and distributions declared, made or paid on or in respect of the Basic Entitlement Shares after Admission.

Following issue of the Additional Shares, the Company will have 118,079,093 Ordinary Shares in issue and there are no shares held in treasury. Therefore, the Company's total number of Ordinary Shares with voting rights is 118,079,093 which 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.

Save as defined above, capitalised terms used in this announcement shall have the same meanings as the definitions included in the Circular dated 18 April 2018 a copy of which is available on the Company's website at www.polemos.com 

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.

For further information, please contact:

Polemos plcDr Nigel Burton, ChairmanTel: +44 (0) 77 8523 4447

Beaumont Cornish Limited (Nomad)Roland Cornish/ James BiddleTel: +44 (0) 20 7628 3396www.beaumontcornish.com

Peterhouse Corporate Finance Limited (Broker)Lucy WilliamsTel: +44 (0) 20 7469 0930

Novum Securities Limited (Joint Broker)Colin RowburyTel: +44 (0) 20 7399 9400