MUST Mustang Energy Plc

21 June 2024

Mustang Energy PLC

("MUST" or the "Company")

Application for Admission of New Securities

As referred to in the announcement dated 19 February 2021, MUST issued an aggregate of 210,000 ordinary shares ("Warrant Shares") having received a notice to exercise warrants which were granted in connection with the Company's initial admission to the standard segment of the Official List in July 2019.

The Warrant Shares were issued and allotted, and an entry made in the Company's register of members.

The announcement stated that application would be made for the Warrant Shares to be admitted to the Official List. It has come to the Company's attention that the application was not made. The Company has therefore today applied to the Financial Conduct Authority requesting that the Warrant Shares be admitted to the Official List. It is expected that admission will become effective at 8.00am on or around 26 June 2024, but the shares will remain suspended.

The total issued share capital of the Company remains unchanged and consists of 12,161,966 ordinary shares. Therefore, the total number of voting rights in the Company is 12,161,966 and this figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest, in the share capital of the Company.

ENQUIRIES

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