Red Leopard : RNS - Exercise of Warrants

16 March 2017

Red Leopard Holdings Plc

("Red Leopard" or the "Company")

Exercise of Warrants and Issue of Equity

Red Leopard announces that it has today received notice to convert 82,500,000 warrants ("Warrants") into 82,500,000 ordinary shares of 0.1 pence each (the "Warrant Shares") at an exercise price of 0.1 pence per share in accordance with the terms of a Warrant Instrument dated 19 August 2015.

The subscription price of £82,500 will be paid to the Company pursuant to the exercise of Warrants.

Total Voting Rights

Application will be made for 82,500,000 new Ordinary Shares to be admitted to trading on AIM, with dealings expected to occur on or around 23 March 2017 ("Admission"). The new Ordinary Shares, when issued, will rank pari passu in all respects with the existing issued shares of the Company. Following admission of the new Ordinary Shares, the Company will have 993,779,061 Ordinary Shares of 0.1p, with voting rights, in issue.

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 share capital of the Company under the FCA's Disclosure and Transparency Rules.

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.

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

Enquiries: Red Leopard Holdings PLC
John May, Chairman	Tel: [phone]
Beaumont Cornish Limited (Nomad) www.beaumontcornish.com	Tel: [phone]
Roland Cornish
James Biddle Peterhouse Corporate Finance Limited (Broker) Lucy Williams Eran Zucker	Tel: [phone]