Exercise of Warrants / Issue of Equity

20 November 2017

Castleton Technology plc

("Castleton", the "Group" or the "Company")

Exercise of Warrants / Issue of Equity

Castleton Technology plc (AIM: CTP), the software and managed services provider to the public and not-for-profit sectors, announces that following an exercise of warrants by a warrant holder, it has allotted 175,000 new ordinary shares of 2 pence each in the capital of the Company ("Ordinary Shares"). The warrants have been exercised at a price of 8 pence per Ordinary Share.

Application has been made for the new Ordinary Shares to be admitted to trading on AIM ("Admission") and dealings are expected to commence at 8.00 a.m. on 24 November 2017.

The total number of Ordinary Shares in issue following Admission will be 78,889,832. Accordingly, the figure of 78,889,832 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interests in, or a change to their interest in the Company under the FCA's Disclosure Guidance and Transparency Rules.

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About Castleton Technology plc

Castleton Technology plc is a leading supplier of complementary software and managed services to the public and not-for-profit sectors. The Group is a 'one stop shop', providing integrated housing systems via the Cloud, working in partnership with its customers and resellers to help drive efficiencies whilst improving controls and customer service. www.castletonplc.com

The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.