Altrecom PLC — Share Issue/Capital Change 2023

Oct 12, 2023

Announcement

Issue and Allotment of shares of Altrecom PLC (the "Company") resulting from the Voluntary Conversion of Convertible Bonds (the "Bonds") for the period 15-30 September 2023

Limassol, 12 October 2023

We would like to inform you that the Directors of the Company have passed a resolution in writing on 12 October 2023 resolving the issue and allotment of 108,347,033 new ordinary shares of nominal value €1,03 each which resulted from the Voluntary Conversion of Bonds during the conversion window (15-30 September 2023) and further to the Company's Announcement dated 2 October 2023.

The Company will proceed with an application to the Cyprus Stock Exchange in relation to the listing of the shares to the Emerging Companies Market.

ALTRECOM PLC