Huddled Group PLC Receipt of Loan Note

RNS Number : 0625F

Huddled Group PLC

01 March 2024

1 March 2024

Huddled Group plc

(the "Company")

Receipt of Loan Note

Huddled Group plc (AIM:HUD), the group focused on building a portfolio of e-commerce brands, is pleased to announce that further to the announcement on 1^st March 2023 of the completion of the sale of the Immotion Location Based Entertainment VR business ("LBE") , the Company has received $1.325m in settlement of the loan note (inclusive of interest) from Immotion, Inc, the purchaser of LBE.

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Enquiries:

For further information please visit www.huddled.com/investors, or contact:

Huddled Group plc

Martin Higginson

David Marks

Daniel Wortley

investors@huddled.com

Zeus (Nominated Adviser and Sole Broker)

Nick Cowles, James Hornigold, Alex Campbell-Harris

Dominic King

Tel + 44 (0) 203 829 5000

(Investment Banking)

(Corporate Broking)

Alma Strategic Communications (Financial PR)

Rebecca Sanders-Hewett

Sam Modlin

Kieran Breheny

huddled@almastrategic.com

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