Warrant exercise

OCELOT PARTNERS LIMITED (THE "COMPANY")

WARRANT EXERCISE

Pursuant to the amendment of the subscription period in relation to the Company's warrants, as announced on 23 March 2018, the Company issued 11,104,484 Ordinary Shares following the exercise of the warrants in respect of Ordinary Shares on 27 March 2018, resulting in aggregate gross proceeds being received by the Company of $111,044,840.

The Company intends to seek re-admission of its Ordinary Shares (subject to meeting relevant eligibility criteria) to a standard listing on the Official List and trading on the London Stock Exchange as soon as practicable.

The issued new Ordinary Shares will rank pari passu in all respects with the existing Ordinary Shares.