CAPRICORN ENERGY PLC

Transaction in Own Shares • Dec 29, 2021

FOR IMMEDIATE RELEASE 29 December 2021

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

TRANSACTIONS IN OWN SHARES

Capricorn announces that, on 24 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:	24 December 2021
Aggregate number of Ordinary Shares purchased:	15,655
Lowest price paid per share:	184.10 pence
Highest price paid per share:	187.20 pence
Average price paid per share:	186.02 pence

The Company intends to cancel the purchased Ordinary Shares.

Since 15 November 2021, the Company has purchased 2,481,659 shares at a cost (including dealing and associated costs) of £4,614,223.44.

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
24/12/2021	08:22:26	185.00	534	LSE	E08aN4WuzLFm
24/12/2021	08:22:26	185.00	245	LSE	E08aN4WuzLFo
24/12/2021	08:22:26	185.00	295	LSE	E08aN4WuzLFt
24/12/2021	08:24:01	184.90	942	LSE	E08aN4WuzLtI
24/12/2021	08:27:01	184.10	985	LSE	E08aN4WuzNFl
24/12/2021	08:59:25	185.20	1,072	LSE	E08aN4WuzbDh
24/12/2021	11:08:03	186.30	4,219	LSE	E08aN4Wv0Hwe
24/12/2021	11:08:03	186.20	521	LSE	E08aN4Wv0Hwg
24/12/2021	11:08:03	186.20	175	LSE	E08aN4Wv0Hwj
24/12/2021	11:08:03	186.20	395	LSE	E08aN4Wv0Hwq
24/12/2021	11:26:15	187.20	900	LSE	E08aN4Wv0LX4
24/12/2021	11:26:15	187.20	1,200	LSE	E08aN4Wv0LX6
24/12/2021	11:26:15	187.20	71	LSE	E08aN4Wv0LXB
24/12/2021	11:45:03	186.60	1,080	LSE	E08aN4Wv0Qrk
24/12/2021	12:20:00	186.30	1,084	LSE	E08aN4Wv0d8H
24/12/2021	12:20:00	186.10	961	LSE	E08aN4Wv0d8d
24/12/2021	12:20:00	186.00	976	LSE	E08aN4Wv0d8o