Dukemount Capital Plc

("Dukemount" or the "Company") Correction

On 20^th October the Company announced that  Dukemount Capital Plc,  had  issued 128,132,190  ordinary  shares  following notice received  to convert a portion of the outstanding amount on the funding agreement dated 14 September 2021 (as amended on 10 October 2022 by a deed of variation) (the "Funding Agreement").

Application was  made to the Financial Conduct Authority ("FCA") for admission of the New Shares to the standard listing segment of the Official List and to the London Stock Exchange (the "LSE") for admission to trading of the New Shares on the LSE's Main Market for listed securities (together "Admission") with an  expected  Admission on or around 25 October 2022.

However, following further discussions with its advisers, and a clarification of the current Prospectus Rules, the application to admit the shares has been withdrawn. The shares could not be issued and admitted in full without a Prospectus.

Total Voting Rights

The Company does not hold any Ordinary Shares in treasury. Therefore  the total number of voting rights in Dukemount Capital plc remains as 588,110,974. This figure 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 in their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014 (as in force in the United Kingdom pursuant to the European Union (Withdrawal) Act 2018).

For further information, please visit www.dukemountcapitalplc.com or contact: