Broker Upgrades and Downgrades & Key Uk Corporate Snapshots

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BROKER UPGRADES AND DOWNGRADES & KEY UK CORPORATE SNAPSHOTS 12 April 2019

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BROKER UPGRADES AND DOWNGRADES

& KEY UK CORPORATE SNAPSHOTS

Key UK Corporate Snapshots Today

AIM AFC Energy Plc (AFC.L) Announced that it has entered into a financing facility with Thalion Global Group (Thalion) for up to £4 million (before expenses). The facility allows the company to draw down up to £4 million through the issuance of unsecured convertible loan notes with a par value of £25,000 each to Thalion pursuant to a loan note instrument executed by the company on 11 April 2019. Proceeds from the issuance of Convertible Loan Notes will supplement the company's cash position, which as of 31 March 2019 was £1.4 million, and will enable it to continue its product development and commercialisation strategy. The company can draw down up to a maximum amount of £500,000 in any 60-day period. The maturity date of the Convertible Loan Notes is 42 months from the date of the instrument. Separately, the company announced that it has conditionally raised £813,000 before expenses by way of a subscription for 27.1 million ordinary shares at 3.0p per ordinary share.

AFH Financial Group Plc (AFHP.L) Announced the appointment of Shore Capital as its Joint Broker, alongside Liberum, with immediate effect.

Angle Plc (AGL.L) Announced that a leading customer has established a multi-centre study to investigate biomarkers on circulating tumor cells (CTCs), using the company's Parsortix system, which may give advance warning of relapse in non-small cell lung cancer (NSCLC). The study is being conducted by the Hellenic Oncology Research Group (Hellenic) lead by the Principal Investigators, Associate Professor Athanasios Kotsakis and Professor Vassilis Georgoulias of the IASO General Hospital in Athens, Greece and is investigating both ctDNA (circulating tumor DNA, fragments of dead cancer cells) and CTCs. The CTC evaluation is being undertaken by the University of Athens lead by Professor Evi Lianidou. Parsortix is the only CTC system being used in the study.

Arc Minerals Limited (ARCM.L) Announced a follow-up analysis at the Zamsort Project in north western Zambia. The company announced that infill soil sampling has commenced over the new target areas, with 1200 samples already completed and drilling of new targets will commence as soon as weather conditions allow. Also, target discovery areas continue to exceed expectations.

Cluff Natural Resources Plc (CLNR.L) Announced that Algy Cluff (78) has informed the Board of his intention to retire from his role as Chairman following the conclusion of the company's next Annual General Meeting. The company announce that Mark Lappin (57), a Non- Executive Director of the company since 2016, will succeed Algy Cluff as Chairman.

DeepMatter Group Plc (DMTR.L) Announced, in its audited financial results for the year ended 31 December 2018, that its operating loss stood at £2.01 million, compared to £1.58 million in the preceding year. Loss after tax was £1.81 million compared to £1.42 million. The company’s diluted loss per share was 0.33p, compared to 0.27p. Also, the company announced that Lauren Lees, currently Financial Controller, will be appointed to the Board as Financial Director, taking effect as of 28 June 2019. David Cleevely, Non-Executive Director of the company, will step down from the Board and become Chairman of the Advisory Committee, with immediate effect. Also, Professor Lee Cronin, Founding Scientific Non-Executive Director, will also step down from the Board and join the Advisory Committee.

Europa Oil & Gas (Holdings) Plc Announced, in its interim results for the six-month period ended 31 January 2019, that revenues rose to £0.8 million from (EOG.L) £0.7 million reported in the same period last year. The company’s loss before tax stood at £0.4 million compared to a loss of £0.4 million reported in the previous year. The basic loss per share stood at 0.13p compared to loss of 0.11p in the previous year. The company’s cash and cash equivalents stood at £4.4 million (Interim date 2017: £2.3 million).

Highland Gold Mining Limited Announced, in its final results for the year ended 31 December 2018, that revenues fell to $311.15 million from $316.68 (HGM.L) million reported in the same period last year. The company’s profit before tax stood at $108.20 million compared to a profit of $100.32 million reported in the previous year. The basic earnings per share stood at $0.154 compared to earnings of $0.201 in the previous year. The company’s board declared a third interim dividend of £0.024 per share, payable on 07 June 2019.

Integumen Plc (SKIN.L) Announced that the company has conditionally agreed to acquire the entire issued share capital of RinoCloud Limited (RinoCloud), an integrated scientific data management services company, for £3,000,000, by the issue of 214,285,714 new Ordinary Shares at an issue price of 1.4 pence. Additionally, the Company announces a placing through its broker, Turner Pope Investments and a subscription which will together raise £2.518 million (before expenses) for the company.

IXICO Plc (IXI.L) Announced the appointment of Cenkos Securities plc as its Nominated Adviser and sole broker, with immediate effect.

Mobile Streams Plc (MOS.L) Announced, in its trading update, that as part of the cost-cutting exercise, the company's CEO and both Non-Executive Directors have volunteered a partial salary deferral of 50.0% of their respective remuneration. The rationalisation and cost- cutting exercise has resulted in sizable one-off redundancy costs and severance payments of approximately £290k, primarily due to the long service of many employees and the severance terms in Argentina. Following payment of all the company's severance obligations, the cash balance currently stands at £219k as at 10 April 2019. Further, monthly operating expenses in Argentina from May 2019 are expected to be reduced by 72.0% on an ongoing basis in comparison to December 2018. Overall, the Board anticipates a reduction in global operating expenses of approximately 62.0%.

Plus500 Limited (PLUS.L) Announced, in its trading update for the three months ended 31 March 2019, that Group revenue for the period was $53.9 million, compared to a revenue of $154.8 million in 4Q18. The Company continued to diversify beyond its EEA retail customer base. In the period, EPCs accounted for 49% of EEA Revenue and ex-EEA revenue made up 54.0% of Group

BROKER UPGRADES AND DOWNGRADES

& KEY UK CORPORATE SNAPSHOTS

revenue, although the revenue from these groups typically varies more with market volatility due to the higher average levels of leverage employed. The company received 915 new applications for EPC status in the EEA, of which 16.0% were approved. The Company repurchased 410,500 shares in the quarter, for a total consideration of $5.5 million. At the end of March, the company had completed $7.8 million of the previously announced $10.0 million buyback programme. Separately, the company announced that the Annual Report & Accounts for the year ended 31 December 2018 is now available on the Group's website.

Provexis Plc (PXS.L) Announced the appointment of Dr Niamh O'Kennedy as an Executive Director of the company, and as Chief Scientific Officer, with immediate effect. In conjunction with Niamh's appointment, Ian Ford's role has been expanded to Chief Financial Officer and Chief Operating Officer and Dawson Buck's role has changed from Executive Chairman to Non- Executive Chairman. The Company's financial year ended on 31 March 2019 and the board expects to provide an update on trading before the end of the current quarter to 30 June 2019.

Tri-Star Resources Plc (TSTR.L) Announced that Karen O'Mahony, acting Chief Executive Officer (CEO) and Chief Financial Officer (CFO) of the company since March 2018, will be stepping down from her role on 30 April 2019. Karen will be replaced by David Facey who will be appointed as CEO and CFO of the company on the same date. Also, the company announced that it has allotted 5,382.00 ordinary shares of 5.00p each in the capital of the company at a price of 46.40p per ordinary share in consideration for services provided.

FTSE 100 Rio Tinto Plc (RIO.L) Announced a final dividend of $180.00c per share and a special dividend of $243.00c per share for the full year ending 31 December 2018, with its shareholders to be paid a final dividend of A$250.89c per ordinary share and a special dividend of A$338.70c per ordinary share and to its shareholders to be paid a final dividend of £135.96p per ordinary share and a special dividend of £183.55p per ordinary share. The final and special dividend will be paid to shareholders of the company and to ADR holders on 18 April 2019.

FTSE 250 Computacenter Plc (CCC.L) Announced that it has published its 2018 Annual Report and Accounts and Notice of 2019 Annual General Meeting and along with Form of Proxy, which are made available to shareholders electronically on 12 April 2019. Further, the company’s 2019 Annual General Meeting will be held on 16 May 2019.

Games Workshop Group Plc (GAW.L) Announced, in its trading update, that the trading since the Group's half-yearly report statement in January to 7 April 2019 has continued well, with sales and profit ahead of the same period in the prior year. Royalties receivable are also ahead of the prior year, following the signing of new licence agreements. The Board's current expectation is that profit before tax for the year ending 2 June 2019 will be approximately £80 million. Meanwhile, the Board has declared a dividend of 35.0p per share, which will be paid on 31 May 2019 for shareholders on the register at 26 April 2019, with an ex-dividend date of 25 April 2019.

National Express Group Plc (NEX.L) Announced that it has acquired 60% stake in WeDriveU Holdings Inc., Silicon Valley's premier employee shuttle company. Further, the remaining WeDriveU shares are held by Dennis Carlson (the CEO) and the Senior Management team, who will remain in place to oversee the next phase of their expansion.

TI Fluid Systems Plc (TIFS.L) Announced that it will be hosting its first Capital Markets Event for investors and analysts on 24 September 2019 at 2:00 pm UK time in London. The event will be hosted by Bill Kozyra, CEO and Timothy Knutson, CFO, and will include product demonstrations as well as presentations from our Executive Vice Presidents of our two segments, Fluid Carrying Systems ("FCS") and Fuel Tank and Delivery Systems ("FTDS").

BROKER UPGRADES AND DOWNGRADES

& KEY UK CORPORATE SNAPSHOTS

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