MENHADEN RESOURCE EFFICIENCY PLC

Net Asset Value • Dec 30, 2020

National Storage Mechanism | Additional information

Menhaden Plc - Notification and Public Disclosure of Transaction

PR Newswire

London, December 30

Menhaden PLC

(the "Company")

Notification and public disclosure of transaction

The Company has been notified of an internal transfer of shares from the Company’s Portfolio Manager, Menhaden Capital Management LLP to the individual partners of Menhaden Capital Management LLP.  On 17 December 2020, Mr Ben Goldsmith, partner of Menhaden Capital Management LLP, acquired 40,000 ordinary shares of £0.01 each in the Company ("Ordinary Shares") at a price of £1 per share.

As a result of the transfer, Mr Goldsmith now holds interests in a total of 1, 200,300 Ordinary Shares, representing an aggregate 1.5% of the Company's issued share capital.

For further information:

Frostrow Capital LLP

Company Secretary

020 3709 8734