Result of AGM & GM

22 July 2024

Tasty plc

("Tasty" or the "Company")

Result of AGM & GM

Amended and Restated Loan Agreement & Conversion of Loan

and

Total Voting Rights

Tasty (AIM: TAST), the owner and operator of restaurants in the casual dining sector, is pleased to announce that, at both its Annual General Meeting ("AGM") and General Meeting ("GM") held earlier today, all of the resolutions were duly passed. The full proxy results of both the AGM and the GM will shortly be provided in the Investor Relations section of the Company's website at www.dimt.co.uk/investor-relations/.

Following the passing of the resolutions at the GM which have given the Directors the authority to allot the 51,369,863 Conversion Shares in connection with the conversion of the full principal amount of the £750,000 Loan from Will Roseff, a UK-based high net worth investor, the Company and Will Roseff have signed the Amended and Restated Loan Agreement, and the Company has also received notice from Will Roseff to convert the full amount of the Loan.

Jonny Plant, Chief Executive Officer, commented:

"This is positive news for Tasty, returning the Company to a debt free position with a solid platform from which to consolidate trade and create future growth. We are delighted to have Will as a major shareholder, and we are confident that he will be able to contribute to the success of the business.  I am grateful to everyone who has been involved in this process of securing the long-term future of the Company and understand the sacrifices that have been made."

Admission, Settlement, Dealings and Total Voting Rights

Application has been made for 51,369,863 Conversion Shares to be admitted to trading on AIM. The Conversion Shares will rank pari passu with the Company's existing Ordinary Shares and it is expected that admission will occur at 8.00 a.m. on 26 July 2024.

Following admission of the Conversion Shares, the Company's issued ordinary share capital will comprise 197,685,167 Ordinary Shares, none of which are held in treasury. Therefore, the total number of Ordinary Shares with voting rights in Tasty following admission will be 197,685,167.

The above figure of 197,685,167 may be used by shareholders as the 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 the Company under the FCA's Disclosure Guidance and Transparency Rules.

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