IGas Energy : 16/09/2020 Additional Listing and Acquisition

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION

16 September 2020

IGas Energy plc (AIM: IGAS) ('IGas' or 'the Company')

Additional Listing and Acquisition

Application has been made for the admission of an additional 377,586 new Ordinary Shares of 0.002 pence each in the capital of the Company to trading on the AIM market of the London Stock Exchange. These shares are being listed in connection with the completion of the Share Purchase Agreement relating to the acquisition of GT Energy UK Limited by the Companywhich took place earlier today.

The new Ordinary Shares will rank pari passu in all respects with the Company's existing Ordinary Shares. Dealings are likely to commence on 21 September 2020.

Following this allotment and in accordance with Disclosure and Transparency Rules, the Company's issued ordinary share capital comprises 123,445,089 Ordinary Shares of 0.002 pence each with voting rights.

The above figure 123,445,089 may be used by shareholders as a denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, IGas Energy under the FCA's Disclosure and Transparency Rules.

For further information please contact:

IGas Energy plcTel: +44 (0)20 7993 9899

Stephen Bowler, Chief Executive Officer

Ann-marie Wilkinson, Director of Corporate Affairs

Investec Bank plc (NOMAD and Joint Corporate Broker)Tel: +44 (0)20 7597 5970

Sara Hale/Jeremy Ellis/Tejas Padalkar

BMO Capital Markets (Joint Corporate Broker)Tel: +44 (0)20 7653 4000

Tom Rider/Neil Elliot

Canaccord Genuity (Joint Corporate Broker)Tel: +44 (0)20 7523 8000

Henry Fitzgerald-O'Connor/James Asensio

Vigo Communications Tel: +44 (0)20 7390 0230

Patrick d'Ancona/Chris McMahon