Doriemus plc

("Doriemus" or the "Company")

ISDX Admission Application Announcement

The Directors of the Company are pleased that it has applied for the admission of its issued 7,739,999,998 ordinary shares of 0.001p each to the ISDX Growth Market.

Expected Date of Admission to ISDX - 15 March 2016.

Company Information

Doriemus is an investment company focussed on projects within the oil and gas sector in Europe with potential for growth.

The Company currently holds:

-      a 10% interest in a special purpose company, Horse Hill Developments Limited, which is the operator and 65% interest holder in two Petroleum Exploration and Development Licences ("PEDL") 137 and 246 in the northern Weald Basin between Gatwick Airport and London;

-      a 20% participating interest in the Lidsey Oilfield in West Sussex;

-      a participating 10% interest in United Kingdom Production Licence PL 235, which comprises the producing onshore Brockham Oil Field on the northern flank of the Weald Basin in Surrey; and

-      a 2.82% equity shareholding in Greenland Gas & Oil Plc ("GGO") which in June 2015 was granted oil exploration and exploitation licences over 4,200 km2 located onshore in south-eastern Greenland in a region known as the Jameson Land Basin.

Directors

The full names of the Directors of the Company and positions are as follows:

Donald Ian George Layman Strang, Executive Chairman

Mr. Strang is a member of the Australian Institute of Chartered Accountants and has been in business over 20 years, holding senior financial and management positions in both publicly listed and private enterprises in Australia, Europe and Africa. Mr. Strang has considerable corporate and international expertise and over the past decade has focused on mining and exploration activities in the oil and gas and natural resources sectors. He is currently finance director for AfriAg Plc, Rare Earth Minerals Plc, Polemos Plc and Stellar Resources Plc.

Hamish Harris, Executive Director

Mr. Harris holds a Bachelor of Commerce from the University of Tasmania. He has held positions within market risk management at a number of financial institutions including Nomura Group, Dresdner Kleinwort Wasserstein, Deutsche Bank AG and Lloyds Banking Group plc in Singapore, Hong Kong and London. Hamish currently holds a position with Nivalis Capital a private equity vehicle which looks for opportunities in mining and agriculture in Eastern Europe. 

Grant Roberts, Non-Executive Director

Mr Roberts is a founding partner of Newgate Private Equity LLP ("Newgate"), an FCA regulated investment and advisory business, operating in London and the UAE.  Mr Roberts has over 18 years of experience in private equity both as an investor and advisor with Newgate, Richmond Park Partners and 3i plc.  Mr. Roberts has considerable corporate and international expertise, broad experience spanning most industry sectors and undertaken transactions in the UK, Europe, USA, the Middle East, Asia and Australia.  Mr Roberts holds a Bachelor of Commerce from Murdoch University, a Graduate Diploma of Applied Finance and Investment and Fellow of the Financial Services Institute of Australasia.

Sector Classification

Doriemus will be classified as a financial services company on ISDX.

Significant Shareholdings

The percentage of securities in public hands is 61.5%. There are no restrictions on the transfer of Doriemus' securities.

Further Information

The Company is subject to the UK City Code on Takeovers and Mergers.

The Company's registered office is Suite 3B, 38 Jermyn Street, London, SW1Y 6DN.

The Board commented: "We are seeking admission to ISDX as a means of increasing liquidity and trading options for our shareholders and creating a platform on which to promote the Company's growth".

The directors of Doriemus accept responsibility for this announcement.

COMPANY CONTACT DETAILS:

Doriemus plc

Suite 3B Princes House

38 Jermyn Street

London

SW1Y 6DN

Telephone +44 (0)20 7440 0642

www.doriemus.co.uk

CORPORATE ADVISER AND CONTACT DETAILS:

Cairn Financial Advisers LLP, 61 Cheapside, London EC2V 6AX

James Caithie / Sandy Jamieson / Richard Nash

Telephone: +44 (0)20 7148 7900

www.cairnfin.com