Company Announcements

19 October 2022

MADE TECH GROUP PLC

("Made Tech" or "the Group")

Result of AGM

Cancellation of Deferred Shares

Issue of Equity

Made Tech Group plc, a leading provider of digital, data and technology services to the UK public sector, announces that, at its Annual General Meeting ("AGM") held earlier today, all resolutions were duly passed. The proxy voting results of the resolutions put to shareholders at the AGM will shortly be available on the Company's website at www.madetech.com/.

Cancellation of Deferred Shares

The Company announces that it has purchased the 12,184,554 deferred shares of 0.1p each in the Company (the "Deferred Shares") for a total consideration of £1, in order to cancel them.

The Company stated its intention to cancel the Deferred Shares in its AIM Admission Document dated 30 September 2021, and the purchase of the Deferred Shares was approved by shareholders at the Company's AGM held earlier today.

The Deferred Shares were issued to Rory MacDonald (Chief Executive Officer), Chris Blackburn (Chief Operating Officer) and Luke Morton (Chief Technology Officer) in conjunction with a capital reorganisation of the Company's share capital, prior to its admission to AIM. The Deferred Shares do not comprise the ordinary share capital of the Company, are not admitted to trading on AIM and do not have any rights or value.

The interests of Rory MacDonald, Chris Blackburn and Luke Morton in the ordinary shares of the Company are unchanged following the Company's purchase of the Deferred Shares.

Issue of Equity and Total Voting Rights

In order for the Company to have adequate distributable reserves to acquire the Deferred Shares, the Company will issue 5 new ordinary shares of 0.05p each at a price of 22.5 pence per ordinary share.

Application has been made for the admission of 5 new ordinary shares in the Company to be admitted to trading on AIM ("Admission"). The new ordinary shares will rank pari passu with the existing issued ordinary shares of the Company. It is expected that Admission will become effective and that trading in the new ordinary shares will commence at or around 8.00 am on 25 October 2022.

On Admission, the total number of ordinary shares in the Company will be 149,287,059. The Company does not currently hold any ordinary shares in treasury. Therefore, from Admission, the total number of voting rights in the Company will be 149,287,059, which may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA's Disclosure Guidance and Transparency Rules.

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About Made Tech

Made Tech is a high-growth provider of digital, data and technology services to the UK public sector. Founded in 2008 and with a headcount of over 470 people across multiple UK locations, Made Tech provides services that enable central government, healthcare and local government organisations to digitally transform.