Result of Placing & Related Announcement

Introduction

Roebuck Food Group plc (AIM: RFG), a group focused on growth and innovation within the food and agribusiness sectors (the "Company" or, “Roebuck”) is pleased to announce that, further to the announcement made on 3 November 2023 (the "Launch Announcement") regarding the launch of a proposed placing (the "Placing"), to raise £2.5 million.

– an aggregate of 15,740,738 new ordinary shares of €0.025 each ("Ordinary Shares") in the capital of the Company (the "Placing Shares") have been successfully placed by Davy at a price of 13.5 pence per Placing Share (the "Placing Price") to raise gross proceeds of approximately £2.125 million;

– the Company has received direct subscriptions for 2,777,776 Ordinary Shares (“the Subscription”) on identical terms as the Placing from certain directors and companies connected with former directors and employees unable to participate in the Placing to raise gross proceeds of approximately £0.375 million,

such that the fundraising from the Placing and the Subscription (“the Fundraising”) will raise gross proceeds of £2.5 million.

Davy acted as broker ("Davy") in connection with the Placing.

Capitalised terms used in this announcement (this "Announcement") have the meanings given to them in the Launch Announcement, unless the context provides otherwise.

More information is contained within the download document below.

Enquiries:

Roebuck Food Group plc

Aidan Hughes, Deputy Chairman

Telephone: + 44 1293 862 498

J & E Davy (Broker)

Anthony Farrell

Telephone: + 353 1 679 6363

Niall Gilchrist

Telephone: + 353 1 614 2878