Enteq Upstream plc

Issue of new shares

AIM traded Enteq Upstream plc ("Enteq", the "Company" or the "Group"), the energy services technology and equipment supplier, announces that on 1 December 2020 it issued and allotted 145,000 new ordinary shares of 1p each ("Ordinary Shares") to an employee of the Company in response to an exercise of share options.

Application has been made for the 145,000 new Ordinary Shares to be admitted to trading on AIM which is expected to occur on 8 December 2020. Following the above issue of new Ordinary Shares, the number of Ordinary Shares (each carrying one vote) in issue is 67,601,235. There are no shares held in treasury. The figure of 67,601,235 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interests in, or a change to their interests in, the share capital of Enteq under the Disclosure and Transparency Rules

For further information, please contact:

Enteq Upstream plc   +44 (0) 1494 618739

Iain Paterson, Chairman

Martin Perry, Chief Executive Officer

David Steel, Finance Director

Investec Bank plc (Nomad and Broker)   +44 (0) 20 7597 5970

Chris Treneman, Patrick Robb, David Anderson