Issue of Offer Ordinary Shares

RNS Number : 0246R

Vordere PLC

18 September 2017

18 SEPTEMBER 2017

VORDERE PLC

("Vordere" or the "Company)

Issue of Offer Ordinary Shares

Further to the announcement of the Company dated 7 July 2017 and the publication of the prospectus setting out details of, inter alia, the offer for subscription, the Company is pleased to announce that it has today allotted 2,705,882 Offer Ordinary Shares of nominal value £0.02 in the capital of the Company at a price of £0.17 per share ("Share Allotment") in exchange for subscriptions equal to £460,000.

The Company's total issued share capital as of the date of this announcement is 182,256,247 of £0.02. The Company does not hold any shares in Treasury. Therefore, the total number of voting rights in the Company is 182,256,247. Following the Share Allotment, the issued share capital will be 184,962,129 shares.

The "Offer Ordinary Shares", are defined in the prospectus http://vordere.com/investor-relations/prospectus/.

Application will be made for the Offer Ordinary Shares to be admitted to the standard segment of the Official List and to trading on the London Stock Exchange's main market for listed securities. It is expected that admission will become effective and that unconditional dealings will commence on the London Stock Exchange on or around Thursday 21^st September.

For further information, please visit www.vordere.com or contact the following: