Bytes Technology : Grant of options under Sharesave Scheme

Bytes Technology Group plc (Incorporated in England and Wales) (Registered number: 12935776) LEI: 213800LA4DZLFBAC9O33 Share code: BYI

ISIN: GB00BMH18Q19 ("the Company")

23 June 2022

Grant of options under Sharesave Scheme

On 22 June 2022, the Company granted options over a total of 722,863 ordinary shares of £0.01 each ("the Options") under the Bytes Technology Group Sharesave Scheme ("the Scheme"). The Options have been granted to participating employees under the rules of the Scheme, an HM Revenue & Customs approved scheme introduced to encourage wider employee share ownership of the Company. The Options are exercisable at a price of £3.72 per ordinary share from 1 August 2025 in accordance with the rules of the Scheme. The total grant of options under the Scheme in 2022 and 2021 (the latter exercisable at a price of £4.00 per ordinary share from 1 August 2024) represents 0.55% of the Company's existing share capital.

Enquiries
WK Groenewald	Tel: [phone]
Group Company Secretary
Bytes Technology Group plc

The Company has a primary listing on the Main Market of the London Stock Exchange and a secondary listing on the Johannesburg Stock Exchange.

Sponsor

Rand Merchant Bank (A division of FirstRand Bank Limited)