NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION

FOR IMMEDIATE RELEASE

5 August 2022

John Menzies plc ("Menzies")

CANCELLATION OF LISTING AND TRADING

Further to the announcement of Menzies and GIL International Holdings V Limited ("Bidco") on 4 August 2022 that the Ordinary Share Scheme for the acquisition by Bidco of the entire issued and to be issued ordinary share capital of Menzies not already owned by Bidco and the Preference Share Scheme for the acquisition by Bidco of the entire issued and to be issued preference share capital of Menzies had each become effective in accordance with their respective terms, Menzies confirms that:

·    the listing of the Ordinary Shares on the premium listing segment of the Official List and the admission to trading of the Ordinary Shares on the main market of the London Stock Exchange were each cancelled with effect from 7.00 a.m. (London time) today; and

·    the listing of the Preference Shares on the Official List and the admission to trading of the Preference Shares on the London Stock Exchange were each cancelled with effect from 7.00 a.m. (London time) today.

Capitalised terms used but not defined in this announcement have the meaning given to them in the circular in relation to the Ordinary Share Scheme and Preference Share Scheme that was published by Menzies on 27 April 2022.

Enquiries:

Menzies

John Geddes, Corporate Affairs Director                                           Tel: + 44 (0) 131 459 8144

Goldman Sachs International (Lead financial adviser to Menzies)

Eduard van Wyk                                                                                Tel: + 44 (0) 20 7774 1000

Nick Harper

Peel Hunt (Financial adviser and corporate broker to Menzies)

Charlie Batten                                                                                     Tel: +44 (0) 20 7418 8900

Mike Bell
Michael Nicholson
Miles Cox

Moelis & Company (Financial adviser to Menzies)

Yorick van Slingelandt                                                                        Tel: +44 (0) 20 7634 3500

Liam Beere

Berenberg (Corporate broker to Menzies)

Ben Wright                                                                                          Tel: +44 (0) 20 3207 7800

Ciaran Walsh

FTI Consulting (Public relations adviser to Menzies)

John Waples                                                                                      Tel: + 44 (0) 20 3727 1068

Alex Beagley

Agility, NAS and Bidco

Jonathan Kerherve                                                                             Tel: + 44 (0) 75 4019 4997

Barclays (Financial adviser to Agility, NAS and Bidco)

Omar Faruqui                                                                                      Tel: +44 (0) 20 7623 2323

Osman Akkaya

Calvin Lee

Finsbury Glover Hering (Public relations adviser to Agility, NAS and Bidco)

James Murgatroyd                                                                              Tel: + 44 (0) 20 7251 3801

Richard Webster-Smith

Latham & Watkins (London) LLP are retained as legal adviser to Agility, NAS and Bidco.

DLA Piper UK LLP are retained as legal adviser to Menzies.

Important Notices

Goldman Sachs International ("Goldman Sachs"), which is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority in the United Kingdom, is acting exclusively for Menzies and no one else in connection with the Acquisition and will not be responsible to anyone other than Menzies for providing the protections afforded to clients of Goldman Sachs or for providing advice in relation to any matter referred to herein.

Peel Hunt LLP ("Peel Hunt"), which is authorised and regulated by the Financial Conduct Authority in the United Kingdom, is acting exclusively for Menzies and no one else in connection with the Acquisition and will not be responsible to anyone other than Menzies for providing the protections afforded to clients of Peel Hunt or for providing advice in connection with the subject matter of this document.

Joh. Berenberg, Gossler & Co. KG ("Berenberg"), which is regulated by the Federal Financial Supervisory Authority in Germany and in the United Kingdom is deemed authorised under the Temporary Permissions Regime and subject to limited regulation by the Financial Conduct Authority, is acting exclusively for Menzies in connection with the Acquisition and will not be responsible to anyone other than Menzies for providing the protections offered to the clients of Berenberg, nor for providing advice in relation to any matter referred to herein.

Moelis & Company UK LLP ("Moelis"), which is authorised and regulated by the Financial Conduct Authority in the United Kingdom, is acting exclusively for Menzies and no one else in connection with the Acquisition and will not be responsible to anyone other than Menzies for providing the protections afforded to clients of Moelis or for providing advice in connection with any matter referred to herein.

Barclays Bank PLC, acting through its Investment Bank ("Barclays"), which is authorised by the Prudential Regulation Authority and regulated in the United Kingdom by the Financial Conduct Authority and the Prudential Regulation Authority, is acting exclusively for Agility, NAS and Bidco and no one else in connection with the matters set out in this document and will not be responsible to anyone other than Agility, NAS and Bidco for providing the protections afforded to clients of Barclays nor for providing advice in relation to any matter referred to herein.