PCI PAL : Issue of Equity – January 2021

PCI-PAL PLC

('PCI Pal', 'the Company' or 'the Group')

Issue of Equity

PCI-PAL PLC (AIM: PCIP), the global provider of secure payment solutions, announces that it has applied for 67,500 ordinary shares of 1 pence each (the 'Option Shares') to be admitted to trading on AIM ('Admission').

The Option Shares are being issued pursuant to an exercise of options by an employee of the Company. The Option Shares will rank pari passu with the existing Ordinary Shares.

Application has been made to the London Stock Exchange for the Option Shares to be admitted to trading on AIM and it is expected that Admission will be effective and dealings will commence in respect of the Option Shares at 8.00 a.m. on 22 January 2021.

Following Admission, the Company's issued share capital will consist of 59,555,345 Ordinary Shares. The Company holds 167,229 Ordinary Shares in Treasury, therefore on Admission the total number of voting rights will be 59,388,116. This figure may be used by shareholders as the denominator for the calculation by which they may determine if they are required to notify their interest in, or change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

For more information, visit the London Stock Exchange.