Manolete Partners Plc

Dematerialisation of Stock

The Company announces that on 28 January 2019, a significant shareholder of the Company, Michael Faulkner, 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 5,818,150 ordinary shares of 0.4p each in the capital of the Company ("Ordinary Shares") to a broking account held in the name of Mr Faulkner.

Following the transfer, Mr Faulkner's beneficial interest in the Company remains unchanged and he continues to be the beneficial owner of 5,818,150 Ordinary Shares, comprising 13.35% 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

Lewis Hill

Katie Bairsto