EGM approval of Placing and JSOP

Friday, 11th December 2015

Norish plc ("Norish" or the "Company")

EGM approval of Placing and JSOP

On 16 November 2015, Norish announced details of a proposed Placing to raise gross proceeds of £5.1 million in aggregate through the issue of up to 11,427,317 New Ordinary Shares at a price of 45p per New Ordinary Share. This Placing was conditional on the passing of resolutions at an Extraordinary General Meeting held earlier today ( the "EGM").

Norish is pleased to announce that at the EGM, all of the resolutions as set out in the notice of that meeting were duly passed. The Company has therefore raised aggregated gross proceeds of approximately £5.1 million through the Placing.

A poll was taken for each resolution and each resolution was passed by the required majority. Detailed results for each resolution are set out below.

Resolution For Against
1. Directors powers to allot shares 11,919,800 2,578,183
2.Directors powers to allot shares for cash 11,913,300 2,584,683
3. Approval of New Long Term Incentive Plan 11,705,643 2,583,183

Application has been made to AIM, a market of the London Stock Exchange plc, for the admission of the 11,427,317 New Ordinary Shares. It is expected that Admission will become effective at 8:00 a.m. on 11 December 2015. Following Admission, the Company will have 28,533,693 Ordinary Shares in issue.

The New Ordinary Shares, when issued and fully paid will rank equally in all respects with the Existing Ordinary Shares, including the right to receive all dividends or other distributions made, declared after the date of admission of the New Ordinary Shares.

Defined terms used in this announcement shall have the same meaning as those terms defined and used in the Circular of the Company dated 17 November 2015.

For more information please contact:

Norish plc

Kieran Mahon, Managing Director Designate

Aidan Hughes, Finance Director Tel: +44 (0) 1293 862 498

Davy (Nomad)

Anthony Farrell Tel: +353 (0)1 679 6363

Matthew De Vere White


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