7 December 2021 Vulcan Industries plc ("Vulcan" or the "Company") Equity Issue and Directors' dealings Equity Issue Vulcan Industries plc (AQSE: VULC) is pleased to announce that it has raised a total ofGBP 383,050 (gross) from existing investors through the issue of 15,803,125 new ordinary shares at 1.6p per share and 8,680,000 new ordinary shares at 1.5p per share (the 'Placing Shares') under this equity issue. The Company will use the proceeds from the equity issue for general working capital purposes. In addition, in settlement of professional fees ofGBP 249,300 the Company has issued 9,656,250 new ordinary shares at 1.6p per share and 6,320,000 new ordinary shares at 1.5p per share (the 'Fee Shares'). Directors' Dealings Pursuant to the announcement on 8 September 2021 in respect of board changes, certain directors have agreed to convert outstanding fees into ordinary shares in the Company at 2p per share. Their names and the details of their shareholdings are set out below: Director Fees Number of shares Total shareholding issued as a % of total issued share capital John Maxwell £63,235 3,161,750 1.62% Kieran Vaughan £29,500 1,475,000 0.38% Admission Application has been made for the 24,483,125 Placing Shares, 15,976,250 Fee Shares and 4,636,750 Directors' Shares to be admitted to trading on Aquis Stock Exchange ('Admission'). Admission is expected to occur at 8:00am on or around 14 December 2021. Total Voting Rights Following Admission, the Company's issued share capital will comprise 389,991,285 ordinary shares of £0.0004 each, with each share carrying the right to one vote. The Company does not hold any ordinary shares in treasury. The above figure of 389,991,285 may therefore 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 of a change to their interest in the Company under the FCA's Disclosure and Transparency Rules. For further information, visit: vulcanplc.com Contacts Vulcan Industries plc Via Vox Markets Ian Tordoff, Chairman First Sentinel Corporate Finance Ltd (AQSE +44 7876 888 011 Corporate Adviser) Brian Stockbridge Gabrielle Cordeiro Vox Markets (Media and Investor Relations) vulcan@voxmarkets.co.uk Kat Perez +44 7881 622 830 Paul Cornelius + 44 7866 384 707 About Vulcan Vulcan seeks to acquire and consolidate traditional but historically profitable engineering, manufacturing, and industrial SMEs for value and to enhance this value in part through group synergies, but primarily by unlocking growth which is not being achieved as a standalone private company. 1 Details of the person discharging managerial responsibilities / person closely associated a) Name John Maxwell 2 Reason for the notification a) Position/status Director b) Initial notification / Initial Notification Amendment 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name Vulcan Industries plc b) LEI 213800DVP6NKMCZ9SL47 4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted a) Description of the Ordinary Shares of £0.0004 each financial instrument, type of instrument Identification code GB00BKMDX634 b) Nature of the Allotment of shares transaction c) Price(s) and volume(s) Price(s) Volume(s) 2p 3,161,750 d) Aggregated information - Aggregated volume n/a - Price n/a e) Date of the transaction 6 December 2021 f) Place of the transaction Outside a trading venue 1 Details of the person discharging managerial responsibilities / person closely associated a) Name Kieran Vaughan 2 Reason for the notification a) Position/status Director b) Initial notification / Initial Notification Amendment 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name Vulcan Industries plc b) LEI 213800DVP6NKMCZ9SL47 4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted a) Description of the Ordinary Shares of £0.0004 each financial instrument, type of instrument Identification code GB00BKMDX634 b) Nature of the Allotment of shares transaction c) Price(s) and volume(s) Price(s) Volume(s) 2p 1,475,000 d) Aggregated information - Aggregated volume n/a - Price n/a e) Date of the transaction 6 December 2021 f) Place of the transaction Outside a trading venue