R8 Capital Investments PlcLSE: MODE

Suspension of Shares - Delayed completion of Audit

· Issued by R8 Capital Investments Plc

Mode Global Holdings Plc

02 May 2023

Mode Global Holdings Plc

("MODE" or the "Group")

Suspension of share trading - Delayed completion of Audit

Mode announces that its share trading has been suspended due to the delayed completion of the annual audit.

The group's previous auditor resigned in late 2022 with RPG Crouch Chapman LLP ("RPG") taking over as an independent external auditor on 27th March 2023. Given the late appointment, the regulatory deadline of the end April 2023 was not possible. The Chairman has therefore applied for a suspension of share trading for the Group until further notice.

The Board will continue to look for ways to extract value from the Group in the future and to rebuild operations.

Enquiries:

Mode Global Holdings PLC

Jonathan Rowland / Richard Morecroft

info@modeapp.com