Legal Proceedings

Summary by AI ^BETAClose X

Vulcan Two Group PLC has been notified that Chrystal Capital Partners LLP has initiated legal proceedings seeking approximately £600,000 in fees related to a prior engagement with the Company's subsidiary. Vulcan Two Group PLC, having received legal advice, considers the claim to be baseless and intends to seek its dismissal, expecting no material commitment of time from directors or distraction from the Company's strategy.

Disclaimer*

Vulcan Two Group PLC

05 May 2026

5 May 2026

Vulcan Two Group plc

(the "Company" or "Vulcan Two")

Legal Proceedings

Further to the disclosure in the Company's Admission Documents dated 29 August 2025 and 27 February 2026 (the "Admission Documents"), the Company has been notified that Chrystal Capital Partners LLP ("CC"), a corporate finance and investment house that previously provided services to the Company's wholly owned subsidiary, Vulcan Two Limited ("Vulcan Limited"), has issued legal proceedings against the Company claiming that certain fees related to CC's engagement letter with Vulcan Limited are payable (the "Claim"). The Claim is in the amount of approximately £600,000.

As noted in the Admission Documents, the Company has obtained legal advice in relation to its obligations to CC. The Company considers the substance of the Claim to be baseless and without merit, and will seek to have it dismissed at the earliest possible opportunity. It is not expected that the defence of the Claim will involve a material commitment of time by the Directors, nor create a distraction from the execution of the Company's strategy.

The Company will provide further updates as appropriate.

For further information please contact:

Vulcan Two Group plc

Michael Kraftman, Chief Executive Officer

Brendan O'Brien, Chief Operating Officer

www.vulcantwo.com

Email: info@vulcantwo.com

Canaccord Genuity Limited
(Nominated Adviser and Sole Broker)

Simon Bridges / Harry Pardoe / Elizabeth Halley-Stott

Tel: +44 (0) 20 7523 8000

Alma Strategic Communications
(Financial PR)

Justine James / Sam Modlin / Will Merison

Email: vulcantwo@almastrategic.com

Tel: +44 (0) 20 3405 0205

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