AXON GLOBAL PLC

SHARE PLACING ABOVE MARKET SHARE PRICE

The Company is pleased to announce the placing of 124,000 Ordinary Shares at the targeted above market price of Euro 1.20 per share [approximately 98p]. This has raised Euro 148,800 [approximately £121,000] for further expansion of the Company’s franchise activities.

Mr Petros Petridis, Chairman, said “We are delighted by this strong statement of investor confidence in the future growth in value
of the Company and its share price.”