Aquis Stock Exchange: Application for Admission Announcement

ANNOUNCEMENT OF APPLICATION FOR ADMISSION TO THE AQUIS GROWTH MARKET

APPLICANT NAME:

Cykel AI PLC

APPLICANT REGISTERED OFFICE, PRINCIPLE PLACE OF BUSINESS (IF DIFFERENT) AND TELEPHONE NUMBER:

Registered office address: 16 Great Queen Street, London, United Kingdom, WC2B 5DG

Phone Number: +44 020 3855 5551

DIRECTORS AND PROPOSED DIRECTORS:

• Jonathan Bixby, Executive Chairman
• Nicholas Lyth, Finance Director
• Jonathan Hives, proposed Non-Executive Director
• Robert Mayfield, proposed Independent Non-Executive Director

APPLICANT SECTOR:

Software and Computer Services

DESCRIPTION OF THE APPLICANT AND ITS ACTIVITIES:

Cykel AI PLC (“Cykel” or the “Company”) is a software business developing advanced artificial intelligence (“AI”) products, intending to offer these to consumers through a “software as a service” (SaaS) model. The Company is developing a machine learning model that seamlessly engages with all facets of the user's computer environment.

The model will be trained to harness the capabilities of all existing software tools, application programming interfaces (APIs), and web-based applications, a novel methodology for task execution, translating user objectives articulated in plain language into tangible actions executed within their daily software applications. The Company’s software is intricately designed and trained to execute commands in response to natural language directives, specifically within the realm of computer interfaces.

NAME OF AQUIS CORPORATE ADVISER:

First Sentinel Corporate Finance Limited

NUMBER, CLASS AND PAR VALUE OF SECURITIES TO BE ADMITTED:

205,183,333 Ordinary Shares of £0.001 par value

SECURITIES IN PUBLIC HANDS AS A PERCENTAGE OF THE TOTAL NUMBER OF SECURITIES IN ISSUE (excluding securities held in treasury):

28.43%

SHAREHOLDERS HOLDING MORE THAN FIVE PER CENT OF THE APPLICANT’S SHARE CAPITAL OR VOTING RIGHTS PRE- AND POST-ADMISSION:

TIMETABLE FOR ANY OFFER OF TRANSFERABLE SECURITIES TO THE PUBLIC:

N/A

THE EXPECTED ADMISSION DATE:

On or around 25 October 2023

WEBSITE ADDRESS WHERE INVESTOR INFORMATION WILL BE AVAILABLE FOR INSPECTION:

https://www.cykel.ai/