NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES
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Guernsey, 3 May 2016
Volta Finance Limited (the "Company" or "Volta") announces in respect of the month ended 30 April 2016, the issue of 223,832 Ordinary Shares of no par value each, following the conversion of the same number of Class C Shares into Ordinary Shares by the Investment Manager (AXA IM Paris).

Such Ordinary Shares were admitted to trading on the Euronext Amsterdam stock exchange and were also admitted to the Official List of the UK Listing Authority and to trading on the London Stock Exchange's main market for listed securities under Volta's block listing facility. Following these issues, Volta has now admitted all of the Ordinary Shares permitted under its block listing facility.

Following the conversion of 223,832 Class C Shares into Ordinary Shares, there are nil Class C Shares remaining in issue. The Class C Shares were held by AXA IM Paris and were non-voting shares but in all other respects had the same rights and entitlements as the Ordinary Shares. If sold to a party unaffiliated with AXA IM Paris, the Class C shares were convertible into Ordinary Shares.

As at 30 April 2016, the Company's issued share capital comprised: 36,520,602 Ordinary Shares; 1 Class B Share; and, nil Class C Shares. Accordingly, as at 30 April 2016, the total number of voting rights in the Company was 36,520,603. Shareholders may use this total voting rights figure as the denominator for the calculations by which they will determine whether they are required to notify the AFM of their interest in, or a change to their interest in, the share capital of the Company.