Iofina : Holding(s) in the Company

TR-1: Standard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer andto the FCA in Microsoft Word format if possible)i

1a. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are at-				Iofina PLC
tachedii:
1b. Please indicate if the issuer is a non-UK issuer	(please mark with an "X" if appropriate)
Non-UK issuer
2. Reason for the notification (please mark the appropriate box or boxes with an "X")
An acquisition or disposal of voting rights							X
An acquisition or disposal of financial instruments
An event changing the breakdown of voting rights
Other (please specify)iii:
3. Details of person subject to the notification obligationiv
Name				Arron Fraser Andrew Banks
City and country of registered office (if applicable)
4. Full name of shareholder(s) (if different from 3.)v
Name				Rene Nominees (IOM) Limited
City and country of registered office (if applicable)		Douglas, Isle of Man
5. Date on which the threshold was crossed or		17/09/2019
reachedvi:
6. Date on which issuer notified (DD/MM/YYYY):		17/09/2019
7. Total positions of person(s) subject to the notification obligation
	% of voting rights at-	% of voting rights			Total number of
	through financial instru-		Total of both in %
	tached to shares (to-		voting rights of is-
		ments		(8.A + 8.B)
	tal of 8. A)			suervii
	(total of 8.B 1 + 8.B 2)
Resulting situation
on the date on which	13.85%					13.85%	191,858,408
threshold was
crossed or reached
Position of previous
notification (if	14.32%					14.32%
applicable)
							1

8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii

A: Voting rights attached to shares

Class/type of	Number of voting rightsix	% of voting rights
shares
ISIN code (if possible)	Direct	Indirect	Direct	Indirect
(Art 9 of Directive	(Art 10 of Directive	(Art 9 of Directive	(Art 10 of Directive
	2004/109/EC) (DTR5.1)	2004/109/EC)	2004/109/EC) (DTR5.1)	2004/109/EC)
		(DTR5.2.1)		(DTR5.2.1)
GB00B2QL5C79		26,571,255		13.85%

SUBTOTAL 8. A

26,571,255

13.85%

B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))

			Number of voting rights
Type of financial in-	Expiration	Exercise/	that may be acquired if	% of voting rights
strument	datex	Conversion Periodxi	the instrument is
			exercised/converted.

SUBTOTAL 8. B 1

B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))

Type of financial	Expiration	Exercise/	Physical or	Number of
Conversion Pe-	cash	% of voting rights
instrument	datex	voting rights
riod xi	settlementxii

SUBTOTAL 8.B.2

2

9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an "X")

Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuerxiii

Fullchain of controlled undertakings through which the voting rights and/or the

financial instruments are effectively held starting with the ultimate controlling natural person or legal entityxivX (please add additional rows as necessary)

	% of voting rights if it	% of voting rights	Total of both if it
	through financial in-
	equals or is higher	equals or is higher
Namexv	struments if it equals
than the notifiable	than the notifiable
	or is higher than the
	threshold	threshold
	notifiable threshold
Arron Fraser Andrew	13.85%		13.85%
Banks
Rock Holdings Limited	10.66%		10.66%
Southern Rock Holdings	10.66%		10.66%
Ltd
Southern Rock Insur-	10.66%		10.66%
ance Company Limited
Rene Nominees (IOM)
Limited A/C Pooled
MW SIPP Trustees Lim-	2.19%		2.19%
ited
Rene Nominees (IOM)	2.19%		2.19%
Limited A/C 3137
Somerset Bridge Group	1%		1%
Limited
ICS Risk Solutions Lim-	1%		1%
ited
Rene Nominees (IOM)	1%		1%
Limited A/C Pooled

10. In case of proxy voting, please identify:

Name of the proxy holder

The number and % of voting rights held

The date until which the voting rights will be held

3

11. Additional informationxvi

Place of completion	Bristol
Date of completion	20/09/19

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