IMC Exploration Group Plc - Issue of Equity

Award of New Ordinary Shares In Lieu of Monetary Compensation IMC Exploration Group plc ("IMC" or the "Company") announces that the Board of Directors has resolved to issue as follows, in lieu of monetary remuneration, an aggregate of 13,800,000 new ordinary shares of EUR0.001 each in the capital of the Company at a price of 0.53 pence Sterling per share (the "Remuneration Shares"), being the mid-market closing price of the Company's shares on 3rd April 2025 on the main market of the London Stock Exchange. This issue of the Remuneration Shares relates to introductory and professional services fees related compensation and includes 1,000,000 shares each issued to the newly appointed directors appointed in March 2024: Allottee Position No. of Remuneration Shares Vahagn Director & Chief Financial Officer 1,000,000 Marukhyan: Gagik    Director & Senior Geologist 1,000,000 Gevorgyan Introductory Services Fees (non PDMR) 11,800,000 & Professional Total 13,800,000 Application shall be made to the Financial Conduct Authority ("FCA") for the Remuneration Shares, which rankpari passuin all respects with the Company's existing ordinary shares in issue, to be admitted to the standard segment of the FCA's Official List and to the London Stock Exchange for admission to trading on the main market (together, "Admission"). Admission is expected to occur on or around 14 April 2025. Directors' and Other Notifiable Interests Prior to the allotment and Admission of the Remuneration Shares, neither Vahagn Marukhyan, CFO, or Gagik Gevorgyan held any shares in the Company.  Further information regarding the shares issued to the two directors is included below, in accordance with EU Market Abuse Regulation No 596/2014. Following the allotment and Admission of the Remuneration Shares, the Company's issued ordinary share capital shall consist of 698,897,479 shares and, upon Admission, this figure should be used by shareholders as the denominator to determine whether or not they need to notify IMC of a change in their own interests in the capital of the Company. The Directors of IMC, after due and careful enquiry, accept responsibility for the content of this announcement. Eamon P. O'Brien, Executive Chairman, Dublin, 4thApril2025 +-------+----------------------------+--------+-----------+ |1 |Details of the person | | |discharging managerial | | |responsibilities | +-------+----------------------------+--------+-----------+ |a) |Name |Vahagn Marukhyan | +-------+----------------------------+--------+-----------+ |2 |Reason for the notification | +-------+----------------------------+--------+-----------+ |a) |Position/status |Director & Chief | | | |Financial Officer | +-------+----------------------------+--------+-----------+ |b) |Initial notification |Initial notification| | |/Amendment | | +-------+----------------------------+--------+-----------+ |3 |Details of the issuer | +-------+----------------------------+--------+-----------+ |a) |Name |IMC Exploration | | | |Group plc | +-------+----------------------------+--------+-----------+ |b) |LEI |2138006RYVS4BRW33C48| +-------+----------------------------+--------+-----------+ |4 |Details of the | | |transaction(s): section to be | | |repeated for (i) each type of | | |instrument; (ii) each type of | | |transaction; (iii) each date; | | |and (iv) each place where | | |transactions have been | | |conducted | +-------+----------------------------+--------+-----------+ |a) |Description of the financial|Ordinary shares of | | |instrument, type of |EUR0.001 each | | |instrument | | | | |ISIN: IE00B6WC2H62 | | |Identification code | | +-------+----------------------------+--------+-----------+ |b) |Nature of the transaction(s)|Awarded in lieu of | | | |monetary | | | |remuneration | +-------+----------------------------+--------+-----------+ |c) |Price(s) and volume(s) |Price(s)|Volume(s) | +-------+----------------------------+--------+-----------+ |£0.0053|1,000,000 | +-------+----------------------------+--------+-----------+ |d) |Aggregated information |1,000,000 | | | | | | |- Aggregated volume |£0.0053 | | | | | | |- Aggregated price | | +-------+----------------------------+--------+-----------+ |e) |Date of the transaction(s) |03/04/2025 | +-------+----------------------------+--------+-----------+ |f) |Place of the transaction(s) |Outside a trading | | | |venue | +-------+----------------------------+--------+-----------+ +-------+----------------------------+--------+-----------+ |1 |Details of the person | | |discharging managerial | | |responsibilities | +-------+----------------------------+--------+-----------+ |a) |Name |Gagik Gevorgyan | +-------+----------------------------+--------+-----------+ |2 |Reason for the notification | +-------+----------------------------+--------+-----------+ |a) |Position/status |Director & Senior | | | |Geologist | +-------+----------------------------+--------+-----------+ |b) |Initial notification |Initial notification| | |/Amendment | | +-------+----------------------------+--------+-----------+ |3 |Details of the issuer | +-------+----------------------------+--------+-----------+ |a) |Name |IMC Exploration | | | |Group plc | +-------+----------------------------+--------+-----------+ |b) |LEI |2138006RYVS4BRW33C48| +-------+----------------------------+--------+-----------+ |4 |Details of the | | |transaction(s): section to be | | |repeated for (i) each type of | | |instrument; (ii) each type of | | |transaction; (iii) each date; | | |and (iv) each place where | | |transactions have been | | |conducted | +-------+----------------------------+--------+-----------+ |a) |Description of the financial|Ordinary shares of | | |instrument, type of |EUR0.001 each | | |instrument | | | | |ISIN: IE00B6WC2H62 | | |Identification code | | +-------+----------------------------+--------+-----------+ |b) |Nature of the transaction(s)|Awarded in lieu of | | | |monetary | | | |remuneration | +-------+----------------------------+--------+-----------+ |c) |Price(s) and volume(s) |Price(s)|Volume(s) | +-------+----------------------------+--------+-----------+ |£0.0053|1,000,000 | +-------+----------------------------+--------+-----------+ |d) |Aggregated information |1,000,000 | | | | | | |- Aggregated volume |£0.0053 | | | | | | |- Aggregated price | | +-------+----------------------------+--------+-----------+ |e) |Date of the transaction(s) |03/04/2025 | +-------+----------------------------+--------+-----------+ |f) |Place of the transaction(s) |Outside a trading | | | |venue | +-------+----------------------------+--------+-----------+ The Directors of IMC, after due and careful enquiry, accept responsibility for the content of this announcement. REGULATORY ANNOUNCEMENT ENDS. Enquiries: IMC Exploration Group plc Eamon O'Brien +353 87 6183024 Kathryn Byrne +353 85 233 6033 Keith Bayley Rogers & Co. Limited Stephen Clayson stephen.clayson@kbrl.co.uk +44 (0)7771 871 847 Brinsley Holman brinsley.holman@kbrl.co.uk +44 (0)7776 302 228 IFC Advisory Limited (Financial PR and IR) Tim Metcalfe Florence Chandler +44 (0)203 934 6630 This information was brought to you by Cision http://news.cision.com

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