7 June 2022

RBG Holdings plc

("RBG", the "Group", or the "Company")

Limited Employee Share Sale to Satisfy Investor Demand

RBG Holdings plc (AIM: RBGP), the professional services group, announces that today certain employees and the Trustee of the Company's employee benefit trust ("EBT") sold in aggregate 2,000,000 ordinary shares of 0.2 pence each in the capital of the Company ("Ordinary Shares") at a price of 100 pence per share in order to satisfy new institutional investor demand for the Ordinary Shares of the Company. The shares sold by employees represent 2.5% of the total number of the Company's shares that are held by employees.

These employees have been allowed by the Company to sell Ordinary Shares that were subject to lock-in agreements as the Company believes it is important to be able to satisfy the investor demand received as a result of the Company's marketing activities to attract new institutional investors onto the Company's register and improve liquidity.

Of the shares held by Group employees, 31% are subject to lock in agreements. Those sellers who are employees of Convex Capital were subject to lock-in agreements that were due to expire in September 2022. The remaining shares held by these Convex Capital employees will remain subject to this lock-in arrangement which has been extended by an additional four months to 16 January 2023. The sellers who were Partners of Memery Crystal (and now employees of RBGLS Ltd) were subject to lock-in agreements that were due to expire in May 2023. The remaining Ordinary Shares held by these RBGLS employees will be subject to a further 12-month lock-in agreement which will expire in May 2024.

Nicky Foulston, CEO, RBG, commented:

"With this limited sell down, I am delighted to have been able to expand RBG's institutional shareholder base and improve liquidity. I am committed to proactively manage the share lock-ins of our internal shareholders in a way that best suits the needs of the Company and all our shareholders."

Enquiries:

About RBG Holdings plc

RBG Holdings plc is a professional services group, which comprises the following divisions:

RBG Legal Services Limited ("RBGLS")

RBGLS is the Group's legal services division which combines the businesses previously operated by Rosenblatt Limited and Memery Crystal LLP.

Rosenblatt

Rosenblatt is one of the UK's pioneering legal practices and a leader in dispute resolution. Rosenblatt provides a range of legal services to its diversified client base, which includes companies, banks, entrepreneurs and individuals. Complementing this is Rosenblatt's increasingly international footprint, advising on complex cross-jurisdictional disputes.

Memery Crystal

Memery Crystal offers legal services in a range of areas such as corporate (including a market-leading corporate finance offering), real estate, commercial, IP & technology (CIPT), banking & finance, tax & wealth structuring and employment. Memery Crystal is one of the leading legal practices in the UK to advise the emerging cannabis sector on a wide range of business issues. Memery Crystal offers a partner-led service to a broad range of clients, from multinational companies, financial institutions and owner-managed businesses to individual entrepreneurs.

LionFish Litigation Finance Limited ("LionFish")

The Group also provides litigation finance in selected cases through a separate arm, LionFish Litigation Finance Limited. LionFish finances litigation matters being run by other solicitors in return for a significant return on the outcome of those cases. As such, the Group has two types of litigation assets - Rosenblatt's own client matters, and litigation matters run by third-party solicitors. LionFish is positioned to be a unique, alternative provider to the traditional litigation funders.

Convex Capital Limited ("Convex Capital")

Convex Capital is a specialist sell-side corporate finance boutique based in Manchester. Convex Capital is entirely focused on helping companies, particularly owner-managed and entrepreneurial businesses, realise their value through sales to large corporates. Convex Capital identifies and proactively targets firms that it believes represent attractive acquisition opportunities.