16 January 2019

Oleeo plc

("OLEE" or the "Company")

Transaction In Own Shares, Total Voting Rights and Directors Dealing

Further to the announcement dated 15 January 2019, the Company wishes to announce that it has, on 16 January 2019, bought back for cancellation 16,500 ordinary shares of 0.1p each in the capital of the Company ("Ordinary Shares"), at a price of 160 pence per Ordinary Share. This represents approximately 0.22 per cent of the total voting rights of the Company. 

The Company announces that David Moore the Technical Director has today exercised Options over 18,500 shares at 88.5p per share and has sold 16,500 shares at 160 pence per share.

Following this exercise and sale, David Moore will be interested in 5,100 ordinary shares of 0.1p each in the Company representing 0.07 per cent. of the issued share capital.

The New Ordinary Shares have been issued from the blocklisting facility, and rank pari passu with the existing OLEE ordinary shares. For the purposes of the Financial Conduct Authority's Disclosure and Transparency Rules, the total number of Ordinary Shares in issue subsequent to the Ordinary Shares purchased for cancellation  above, is 7,628,054. The figure of 7,628,054 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest, or change to their interest, in the Company under the Disclosure and Transparency Rules.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

For further information please contact:

Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMRs") and persons closely associated ("PCA") with them.