Pires Investments : Holding(s) in Company

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii

PIRES INVESTMENTS PLC

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

X

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

An event changing the breakdown of voting rights

Other (please specify):

3. Full name of person(s) subject to the notification obligation: iii

The SIPP of NICHOLAS CLARK

4. Full name of shareholder(s)

(if different from 3.):iv

LAWSHARE NOMINEES LIMITED

A/C SIPP

5. Date of the transaction and date on which the threshold is crossed or reached: v

25 JULY 2017

6. Date on which issuer notified:

25 JULY 2017

7. Threshold(s) that is/are crossed or reached: vi,vii

ABOVE 6%

8. Notified details:

A: Voting rights attached to shares viii,ix

Class/type of shares

if possible using the ISIN CODE

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of Shares

Number of Voting Rights

Number of shares

Number of voting rights

% of voting rights

x

Direct

Direct xi

Indire ctxii

Direct

Indirect

ORD 0.25P GB00BD07SH 45

1,900,00

0

1,900,000

2,150,00

0

2,150,00

0

-

6.34%

-

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial

Expiration

Exercise/

Number of voting

% of voting

instrument

date xiii

Conversion Period xiv

rights that may be

rights

acquired if the

instrument is

exercised/ converted.

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv,xvi

Resulting situation after the triggering transaction

Type of financial instrument

Exercise price

Expiratio n date xvii

Exercise/ Conversio n period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

Nomina l

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

2,150,000

6.34%