Holding(s) in the Company

TR-1: Standard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS

1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached ⁱⁱ:			Iofina plc
1b. Please indicate if the issuer is a non-UK issuer (please mark with an “X” if appropriate)
Non-UK issuer
2. Reason for the notification (please mark the appropriate box or boxes with an “X”)
An acquisition or disposal of voting rights						X
An acquisition or disposal of financial instruments
An event changing the breakdown of voting rights
Other (please specify) ⁱⁱⁱ:
3. Details of person subject to the notification obligation ^iv
Name			Arron Fraser Andrew Banks
City and country of registered office (if applicable)
4. Full name of shareholder(s) (if different from 3.) ^v
Name			Rene Nominees (IOM) Limited Securities Services Nominees Limited
City and country of registered office (if applicable)			Douglas, Isle of Man London, UK
5. Date on which the threshold was crossed or reached ^vi:			29 April 2022
6. Date on which issuer notified (DD/MM/YYYY):			4 May 2022
7. Total positions of person(s) subject to the notification obligation
	% of voting rights attached to shares (total of 8. A)	% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)		Total of both in % (8.A + 8.B)	Total number of voting rights held in issuer (8.A + 8.B) ^vii
Resulting situation on the date on which threshold was crossed or reached	3.66%			3.66%	7,020,000
Position of previous notification (if applicable)	4.05%			4.05%	7,770,000

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached ^viii

A: Voting rights attached to shares

Class/type of
shares

ISIN code (if possible)

Number of voting rights ^ix

% of voting rights

Direct

(DTR5.1)

Direct

(DTR5.1)

Direct

(DTR5.1)

Indirect

(DTR5.2.1)

GB00B2QL5C79

7,020,000

3.66%

SUBTOTAL 8. A

7,020,000

3.66%

B 1: Financial Instruments according to DTR5.3.1R (1) (a)

Type of financial instrument

Expiration
date ^x

Exercise/
Conversion Period ^xi

Number of voting rights that may be acquired if the instrument is

exercised/converted.

% of voting rights

SUBTOTAL 8. B 1

B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b)

Type of financial instrument

Expiration
date ^x

Exercise/
Conversion Period ^xi

Physical or cash

Settlement ^xii

Number of voting rights

% of voting rights

SUBTOTAL 8.B.2

9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an “X”)
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer ^xiii
Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity (please add additional rows as necessary) ^xiv				X
Name ^xv	% of voting rights if it equals or is higher than the notifiable threshold	% of voting rights through financial instruments if it equals or is higher than the notifiable threshold	Total of both if it equals or is higher than the notifiable threshold
Arron Fraser Andrew Banks (Rene Nominees (IOM) Limited)	3.06%		3.06%
Arron Fraser Andrew Banks (Securities Services Nominees Limited)	0.60%		0.60%



10. In case of proxy voting, please identify:
Name of the proxy holder		Rene Nominees (IOM) Limited
The number and % of voting rights held		5,870,000 – 3.06%
The date until which the voting rights will be held		Indefinite

11. Additional information ^xvi

Place of completion	Bristol, UK
Date of completion	4 May 2022