04 January 2022

                             Vulcan Industries plc

                          ("Vulcan" or the "Company")

                                 Equity Issue

Equity Issue

Vulcan Industries plc (AQSE: VULC) is pleased to announce that it has agreed to
settle outstanding professional fees through the issue of 4,000,000 new
ordinary shares at 1.8p per share (the 'Fee Shares') under this equity issue.

The professional fees were for services from Pello Capital Limited. These were
subject to dispute and a provision of £62,000 was made and disclosed in note 26
of the Annual Report for the year ended 31 March 2021.

Admission

Application has been made for the 4,000,000 Fee Shares  to be admitted to
trading on Aquis Stock Exchange ('Admission'). Admission is expected to occur
at 8:00am on or around 6th January 2022.

Total Voting Rights

Following Admission, the Company's issued share capital will comprise
393,991,285 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
393,991,285 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: https://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.