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Holding(s) in Company

Corporate Updates

1

For immediate release

9 October 2023

Serabi Gold plc

("Serabi" or the "Company")

Holding(s) in Company

The Board of Serabi announces that the Company has received the following TR-1 notification from Prem-

ier Miton Group plc following an increase in their holding which is set out below.

Copies of this announcement are available from the Company's website at www.serabigold.com.

Neither the London Stock Exchange, the Toronto Stock Exchange, nor any other securities regulatory au-

thority, has approved or disapproved of the contents of this announcement.

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB00BG5NDX91

Issuer Name

SERABI GOLD PLC

UK or Non-UK Issuer

UK

2. Reason for Notification

An acquisition or disposal of voting rights

3. Details of person subject to the notification obligation

Name

Premier Miton Group plc

City of registered office (if applicable)

GUILDFORD

Country of registered office (if applicable)

United Kingdom

4. Details of the shareholder

Full name of shareholder(s) if different from the person(s) subject to the

notification obligation, above

City of registered office (if applicable)

Country of registered office (if applicable)

5. Date on which the threshold was crossed or reached

05-Oct-2023

6. Date on which Issuer notified

06-Oct-2023

7. Total positions of person(s) subject to the notification obligation

.

% of voting

rights attached to

shares (total of

8.A)

% of voting rights

through financial in-

struments (total of

8.B 1 + 8.B 2)

Total of both in

% (8.A + 8.B)

Total number of

voting rights

held in issuer

Resulting situa-

tion on the

date on which

threshold was

5.098487 0.000000 5.098487 3861316

crossed or

reached

Position of pre-

vious notifica-

tion (if applica-

ble)

4.768514 0.000000 4.768514

8. Notified details of the resulting situation on the date on which the

threshold was crossed or reached

8A. Voting rights attached to shares

Class/Type of

shares ISIN code(if

possible)

Number of direct

voting rights

(DTR5.1)

Number of indirect

voting rights

(DTR5.2.1)

% of direct

voting rights

(DTR5.1)

% of indirect voting

rights (DTR5.2.1)

GB00BG5NDX91 3861316 5.098487%

Sub Total 8.A 3861316 5.098487%

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

Type of financial

instrument

Expira-

tion

date

Exercise/con-

version period

Number of voting rights that may be ac-

quired if the instrument is exer-

cised/converted

% of vot-

ing rights

Sub Total 8.B1

8B2. Financial Instruments with similar economic effect according to

(DTR5.3.1R.(1) (b))

Type of finan-

cial instru-

ment

Expiration

date

Exercise/conversion

period

Physical or cash

settlement

Number of vot-

ing rights

% of voting

rights

Sub Total 8.B2

9. Information in relation to the person subject to the notification obligation

2. Full chain of controlled undertakings through which the voting rights and/or the

financial instruments are effectively held starting with the ultimate controlling natu-

ral person or legal entities (please add additional rows as necessary)

Ultimate control-

ling person

Name of con-

trolled under-

taking

% of voting rights if it

equals or is higher

than the notifiable

threshold

% of voting

rights through fi-

nancial instru-

ments if it equals

or is higher than

the notifiable

threshold

Total of both if it

equals or is higher

than the notifiable

threshold

Premier Mi-

ton Group

Plc

Premier

Asset

Manage-

ment

Midco Ltd

Premier Mi-

ton Group

Plc

Premier

Asset

Manage-

ment

Holdings

Ltd

Premier Mi-

ton Group

Plc

Premier

Asset

Manage-

ment

Limited

Premier Mi-

ton Group

Plc

Premier

Invest-

ment

Group

Ltd

Premier Mi-

ton Group

Plc

Premier

Fund

Managers

Ltd

5.098487% 5.098487%

10. In case of proxy voting

Name of the proxy holder

The number and % of voting rights held

The date until which the voting rights will be held

11. Additional Information

12. Date of Completion

06-Oct-2023

13. Place Of Completion

Guildford, UK