20 May 2019

Manolete Partners Plc

Dematerialisation of Stock

The Company announces that on 20 May 2019, the Chief Executive, Steven Cooklin, who is a significant shareholder of the Company, had a paper share certificate held in his name dematerialised in order to procure that it is held in CREST.

This process meant the transfer of 7,842,199 ordinary shares of 0.4p each in the capital of the Company ("Ordinary Shares") to a broking account held in the name of Mr Cooklin.

Following the transfer, Mr Cooklin's beneficial interest in the Company remains unchanged and he continues to be the beneficial owner of 7,842,199 Ordinary Shares, comprising 18% of the Company's issued share capital.

For further information, please contact:

Manolete Partners Plc                                                                      via Instinctif Partners

Steven Cooklin

Peel Hunt (NOMAD and Sole Broker)                                            +44 (0)20 7418 8900

Guy Wiehahn

Adrian Haxby

Rishi Shah

Instinctif Partners (Financial PR)                                                   +44 (0)20 7457 2020

Catherine Wickman

Lewis Hill

Katie Bairsto