Jupiter Fund Management Regulatory News (JUP)

1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:

Draper Espirit PLC

1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate)

Non-UK issuer

2. Reason for the notification (please mark the appropriate box or boxes with an "X")

An acquisition or disposal of voting rights

An acquisition or disposal of financial instruments

An event changing the breakdown of voting rights

Other (please specify)iii: As of 1 July 2020, Merian Global Investors Limited is owned by Jupiter Fund Management Plc. Any positions in Merian Global Investors Limited are transferred to Jupiter Fund Management Plc.

The disclosure also highlights the full chain of controlled undertakings through which the voting

rights and/or the financial instruments are effectively held starting with the ultimate controlling

natural person or legal entity detailed within Section 9, following this change of ownership.

X

3. Details of person subject to the notification obligationiv

Name

Jupiter Fund Management Plc

City and country of registered office (if applicable)

4. Full name of shareholder(s) (if different from 3.)v

Name

Citibank

City and country of registered office (if applicable)

5. Date on which the threshold was crossed or reachedvi:

01/07/2020

6. Date on which issuer notified (DD/MM/YYYY):

03/07/2020

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 instruments

(total of 8.B 1 + 8.B 2)

Total of both in % (8.A + 8.B)

Total number of voting rights of issuervii

Resulting situation on the date on which threshold was crossed or reached

8.80%

0%

8.80%

118918124

Position of previous notification (if applicable)

N/A

N/A

N/A

8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii

A: Voting rights attached to shares

Class/type of

Number of voting rightsix

% of voting rights

shares

ISIN code (if possible)

Direct

(Art 9 of Directive

Indirect

(Art 10 of Directive

Direct

(Art 9 of Directive

Indirect

(Art 10 of Directive

2004/109/EC) (DTR5.1)

2004/109/EC)

2004/109/EC) (DTR5.1)

2004/109/EC)

(DTR5.2.1)

(DTR5.2.1)

GB00BY7QYJ50

10,470,050

8.80%

SUBTOTAL 8. A

10,470,050

8.80%

B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))

Type of financial instrument

Expiration datex

Exercise/ Conversion Periodxi

Number of voting rights that may be acquired if the instrument is exercised/converted.

% of voting rights

SUBTOTAL 8. B 1

B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))

Type of financial instrument

Expiration datex

Exercise/ Conversion Period xi

Physical or cash settlementxii

Number of voting rights

% of voting rights

SUBTOTAL 8.B.2

9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an "X")

Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuerxiii

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

financial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv (please add additional rows as necessary)

X

Name

% of voting rights if it equals or is higher than the notifiable threshold

% of voting rights through financial instruments if it equals or is higher than the notifiable threshold

Total of both if it equals or is higher than the notifiable threshold

Jupiter Fund Management Plc

Jupiter Fund Management Group

Limited

Jupiter Asset Management Group Limited

Knightsbridge Asset Management Limited

Jupiter Investment Management Group Limited

Jupiter Asset Management Limited

Jupiter Fund Management Plc

Merian Global Investors Limited

Merian Global

Investors (Jersey) Limited

Merian Global Investors (Finance) Limited

Merian Global Investors Holdings Limited

Merian Global Investors (UK) Limited

8.80%

0%

8.80%

10. In case of proxy voting, please identify:

Name of the proxy holder

The number and % of voting rights held

The date until which the voting rights will be held

11. Additional informationxvi

Contact : Claire Rodway

Telephone Number : 0203 817 1441

Place of

completion

London, UK

Date of

completion

3rd July 2020