Tandem Group plc

(the "Company")

Grant of Share Options

The Company announces that Peter Kimberley, Phil Ratcliffe and David Rock, Officers of the Company, have been granted 45,000, 2,500 and 10,000 options ("Options") respectively over ordinary shares of 25 pence each in the share capital of the Company ("Ordinary Shares") under the 2019 Employee Share Option Scheme.

The Options have an exercise price of 240.00 pence per ordinary share, being the closing midmarket price per ordinary share on 27 March 2023. The Options are exercisable between 1 January 2026 and 27 March 2033, after which the Options will lapse. The exercise of the Options is conditional on certain performance criteria being met.

A further 57,500 options have been granted to other employees under the 2019 Employee Share Option Scheme.

The notification set out below, made in accordance with the requirements of Article 19 of the Market Abuse Regulation, provides further details of such dealings.

Enquiries:

Tandem Group plc

David Rock, Company Secretary

Telephone 0121 748 8075

Nominated Adviser

Cenkos Securities plc (Nominated Adviser and Broker)

Ben Jeynes / Dan Hodkinson - Corporate Finance

Michael Johnson / Russell Kerr - Sales

Telephone 020 7397 8900

Following the above transactions, the Officers have options over Ordinary Shares as follows:

This announcement contains inside information for the purposes of the UK Market Abuse Regulation and the Directors of the Company take responsibility for this announcement.