CAPRICORN ENERGY PLC

Transaction in Own Shares • Dec 23, 2021

FOR IMMEDIATE RELEASE 23 December 2021

CAPRICORN ENERGY PLC ("Capricorn" or "the Company")

TRANSACTIONS IN OWN SHARES

Capricorn announces that, on 22 December 2021, it purchased the following number of its ordinary shares of ²¹/¹³ pence each (the "Ordinary Shares") on the London Stock Exchange from Morgan Stanley & Co. International Plc ("Morgan Stanley"). Such purchase was effected pursuant to the instructions issued by the Company in accordance with the non-discretionary share repurchase arrangements entered into with Morgan Stanley, as announced on 15 November 2021.

Ordinary Shares

Date of purchase:	22 December 2021
Aggregate number of Ordinary Shares purchased:	137,755
Lowest price paid per share:	187.40 pence
Highest price paid per share:	191.10 pence
Average price paid per share:	189.80 pence

The Company intends to cancel the purchased Ordinary Shares.

Since 15 November 2021, the Company has purchased 2,283,963 shares at a cost (including dealing and associated costs) of £4,244,660.02.

A full breakdown of the individual trades made by Morgan Stanley on behalf of the Company as part of the share repurchase programme is set out below.

This announcement does not constitute, or form part of, an offer or any solicitation of an offer for securities in any jurisdiction.

Enquiries Analysts/Investors David Nisbet, Corporate Affairs Tel: 0131 475 3000

Media Linda Bain/Jonathan Milne, Corporate Affairs Tel: 0131 475 3000

Transaction Details:

Date	Time (BST)	Price (pence)	Quantity bought	Exchange Venue	Reference number of the transaction
22/12/2021	08:24:38	187.60	1,891	LSE	E08Yv9Z3wpQA
22/12/2021	08:33:16	187.60	803	LSE	E08Yv9Z3wySi
22/12/2021	08:33:16	187.60	17	LSE	E08Yv9Z3wySp
22/12/2021	08:35:08	187.40	16	LSE	E08Yv9Z3x12i
22/12/2021	08:35:08	187.40	800	LSE	E08Yv9Z3x12k
22/12/2021	08:35:08	187.40	364	LSE	E08Yv9Z3x12o
22/12/2021	08:50:11	188.50	4,295	LSE	E08Yv9Z3xEj4
22/12/2021	08:59:14	188.40	496	LSE	E08Yv9Z3xMOA
22/12/2021	08:59:14	188.40	463	LSE	E08Yv9Z3xMOC
22/12/2021	08:59:14	188.40	1,270	LSE	E08Yv9Z3xMOG
22/12/2021	08:59:18	188.50	950	LSE	E08Yv9Z3xMRF
22/12/2021	09:11:51	188.90	109	LSE	E08Yv9Z3xWqc
22/12/2021	09:11:51	188.90	400	LSE	E08Yv9Z3xWqf
22/12/2021	09:11:51	188.90	903	LSE	E08Yv9Z3xWqh
22/12/2021	09:16:00	190.00	1,090	LSE	E08Yv9Z3xZh1
22/12/2021	09:16:00	189.90	462	LSE	E08Yv9Z3xZhJ
22/12/2021	09:16:00	189.90	462	LSE	E08Yv9Z3xZhL
22/12/2021	09:16:00	189.90	627	LSE	E08Yv9Z3xZhQ
22/12/2021	09:20:06	189.70	1,207	LSE	E08Yv9Z3xd4D
22/12/2021	09:45:28	189.00	988	LSE	E08Yv9Z3xvx6
22/12/2021	09:47:02	188.80	1,236	LSE	E08Yv9Z3xxL7
22/12/2021	09:47:02	188.70	617	LSE	E08Yv9Z3xxLg
22/12/2021	09:47:02	188.70	830	LSE	E08Yv9Z3xxLi
22/12/2021	09:47:05	188.50	1,234	LSE	E08Yv9Z3xxOM
22/12/2021	10:52:04	188.30	266	LSE	E08Yv9Z3yhhQ
22/12/2021	10:52:04	188.30	646	LSE	E08Yv9Z3yhhS
22/12/2021	11:10:04	189.00	946	LSE	E08Yv9Z3ysBz
22/12/2021	11:10:04	188.90	933	LSE	E08Yv9Z3ysC2
22/12/2021	12:03:18	190.70	422	LSE	E08Yv9Z3zLmW
22/12/2021	12:03:18	190.70	3,056	LSE	E08Yv9Z3zLmY
22/12/2021	12:03:18	190.70	3,478	LSE	E08Yv9Z3zLmi
22/12/2021	12:03:18	190.70	6	LSE	E08Yv9Z3zLmk
22/12/2021	12:03:18	190.70	1,200	LSE	E08Yv9Z3zLmr
22/12/2021	12:03:18	190.70	1,200	LSE	E08Yv9Z3zLmt
22/12/2021	12:03:18	190.70	400	LSE	E08Yv9Z3zLmw
22/12/2021	12:03:18	190.70	678	LSE	E08Yv9Z3zLmz
22/12/2021	12:03:18	190.70	1,600	LSE	E08Yv9Z3zLn1
22/12/2021	12:03:18	190.70	1,084	LSE	E08Yv9Z3zLn6
22/12/2021	12:03:18	190.70	2,394	LSE	E08Yv9Z3zLnB
22/12/2021	12:03:18	190.70	121	LSE	E08Yv9Z3zLnD
22/12/2021	12:03:43	190.90	3,043	LSE	E08Yv9Z3zM4S
22/12/2021	12:12:30	191.10	2,280	LSE	E08Yv9Z3zRFv

22/12/2021	12:12:30	191.10	1,173	LSE	E08Yv9Z3zRFx
22/12/2021	12:12:30	191.00	535	LSE	E08Yv9Z3zRG4
22/12/2021	12:12:30	191.00	945	LSE	E08Yv9Z3zRGU
22/12/2021	12:12:30	191.00	2,086	LSE	E08Yv9Z3zRGW
22/12/2021	12:17:52	190.70	1,029	LSE	E08Yv9Z3zUGC
22/12/2021	12:17:52	190.70	1,031	LSE	E08Yv9Z3zUGE
22/12/2021	12:17:55	190.40	68	LSE	E08Yv9Z3zUKi
22/12/2021	12:17:55	190.40	1,066	LSE	E08Yv9Z3zUKk
22/12/2021	12:17:55	190.40	1,482	LSE	E08Yv9Z3zUKm
22/12/2021	13:21:16	189.60	918	LSE	E08Yv9Z401JQ
22/12/2021	13:43:38	189.70	275	LSE	E08Yv9Z40HJJ
22/12/2021	13:43:38	189.70	400	LSE	E08Yv9Z40HJL
22/12/2021	13:43:38	189.70	951	LSE	E08Yv9Z40HJN
22/12/2021	13:43:39	189.60	975	LSE	E08Yv9Z40HKc
22/12/2021	13:43:39	189.50	916	LSE	E08Yv9Z40HKp
22/12/2021	13:44:20	189.40	98	LSE	E08Yv9Z40Hyw
22/12/2021	13:44:20	189.40	440	LSE	E08Yv9Z40Hz0
22/12/2021	13:44:31	189.40	436	LSE	E08Yv9Z40I8V
22/12/2021	13:57:31	189.60	1,648	LSE	E08Yv9Z40RYc
22/12/2021	13:57:31	189.60	596	LSE	E08Yv9Z40RYh
22/12/2021	13:57:31	189.60	1,029	LSE	E08Yv9Z40RYq
22/12/2021	13:57:31	189.60	61	LSE	E08Yv9Z40RYs
22/12/2021	13:57:31	189.60	846	LSE	E08Yv9Z40RYx
22/12/2021	13:57:31	189.60	952	LSE	E08Yv9Z40RZ6
22/12/2021	13:57:31	189.60	1,475	LSE	E08Yv9Z40RZk
22/12/2021	13:57:31	189.60	269	LSE	E08Yv9Z40RZm
22/12/2021	13:57:31	189.60	3,273	LSE	E08Yv9Z40RZv
22/12/2021	13:57:32	189.60	1,380	LSE	E08Yv9Z40RaC
22/12/2021	13:57:32	189.60	1,744	LSE	E08Yv9Z40RaM
22/12/2021	13:57:32	189.60	20	LSE	E08Yv9Z40RaO
22/12/2021	13:57:32	189.60	129	LSE	E08Yv9Z40RaW
22/12/2021	13:57:32	189.60	20	LSE	E08Yv9Z40RaY
22/12/2021	13:57:34	189.40	427	LSE	E08Yv9Z40Rcb
22/12/2021	13:57:35	189.40	1,075	LSE	E08Yv9Z40Rd4
22/12/2021	13:57:35	189.40	877	LSE	E08Yv9Z40Rd6
22/12/2021	13:57:35	189.40	2,238	LSE	E08Yv9Z40Rd8
22/12/2021	13:57:35	189.40	1,987	LSE	E08Yv9Z40RdS
22/12/2021	13:57:35	189.40	1,128	LSE	E08Yv9Z40RdU
22/12/2021	13:57:36	189.40	2,036	LSE	E08Yv9Z40Rdm
22/12/2021	13:57:36	189.40	1,079	LSE	E08Yv9Z40Rdo
22/12/2021	13:57:36	189.40	314	LSE	E08Yv9Z40Rdt
22/12/2021	13:57:36	189.30	1,107	LSE	E08Yv9Z40Rdx
22/12/2021	13:57:36	189.30	874	LSE	E08Yv9Z40Rdz
22/12/2021	13:57:37	189.10	1,207	LSE	E08Yv9Z40RfK
22/12/2021	13:57:37	189.10	656	LSE	E08Yv9Z40RfM
22/12/2021	13:57:38	189.00	276	LSE	E08Yv9Z40RgD

22/12/2021 13:57:38	189.00	800	LSE	E08Yv9Z40RgF
22/12/2021 13:57:38	189.00	344	LSE	E08Yv9Z40RgH
22/12/2021 14:26:24	189.80	1,025	LSE	E08Yv9Z40liU
22/12/2021 14:32:03	189.80	1,042	LSE	E08Yv9Z40vuX
22/12/2021 14:32:03	189.80	187	LSE	E08Yv9Z40vvH
22/12/2021 14:37:37	189.50	683	LSE	E08Yv9Z418Ob
22/12/2021 14:37:37	189.50	305	LSE	E08Yv9Z418Og
22/12/2021 14:48:32	189.20	950	LSE	E08Yv9Z41W9p
22/12/2021 14:48:34	189.10	1,512	LSE	E08Yv9Z41WN8
22/12/2021 15:25:07	189.50	2,038	LSE	E08Yv9Z42W0a
22/12/2021 15:25:07	189.50	1,200	LSE	E08Yv9Z42W0c
22/12/2021 15:25:07	189.50	561	LSE	E08Yv9Z42W0e
22/12/2021 15:25:07	189.50	1,200	LSE	E08Yv9Z42W0i
22/12/2021 15:25:07	189.50	2,700	LSE	E08Yv9Z42W0n
22/12/2021 15:32:41	189.80	300	LSE	E08Yv9Z42ga0
22/12/2021 15:32:41	189.80	400	LSE	E08Yv9Z42ga2
22/12/2021 15:32:41	189.80	334	LSE	E08Yv9Z42ga4
22/12/2021 15:32:42	189.70	1,041	LSE	E08Yv9Z42gar
22/12/2021 15:42:28	189.80	139	LSE	E08Yv9Z42tv0
22/12/2021 15:42:28	189.80	800	LSE	E08Yv9Z42tv2
22/12/2021 15:42:28	189.80	516	LSE	E08Yv9Z42tv4
15:42:50 22/12/2021	189.70	1,071	LSE	E08Yv9Z42uU9
22/12/2021 15:47:42	189.90	3,871	LSE	E08Yv9Z430LE
22/12/2021 15:53:24	189.70	246	LSE	E08Yv9Z436Iz
22/12/2021 16:02:28	189.70	400	LSE	E08Yv9Z43Frc
22/12/2021 16:02:28	189.70	400	LSE	E08Yv9Z43Fre
22/12/2021 16:02:28	189.70	400	LSE	E08Yv9Z43Frg
22/12/2021 16:02:28	189.70	400	LSE	E08Yv9Z43Fri
22/12/2021 16:02:28	189.70	400	LSE	E08Yv9Z43Frk
22/12/2021 16:02:28	189.70	907	LSE	E08Yv9Z43Frn
22/12/2021 16:02:28	189.70	335	LSE	E08Yv9Z43Frp
22/12/2021 16:03:05	189.70	3,488	LSE	E08Yv9Z43Gnm
22/12/2021 16:19:28	190.70	670	LSE	E08Yv9Z43aTL
22/12/2021 16:19:28	190.70	2,956	LSE	E08Yv9Z43aTO
22/12/2021 16:22:45	190.70	3,626	LSE	E08Yv9Z43eJS
22/12/2021 16:22:45	190.70	3,626	LSE	E08Yv9Z43eJp
22/12/2021 16:25:07	190.40	6,780	LSE	E08Yv9Z43hxx
22/12/2021 16:25:08	190.30	1,272	LSE	E08Yv9Z43hyS