REG - Edinburgh Worldwide - Edinburgh Worldwide Inv Trust Shareholder update

Edinburgh Worldwide Investment TrustAnnouncement

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RNS Number : 9171G  Edinburgh Worldwide Inv Trust PLC  04 June 2026

Legal Entity Identifier: 213800JUA8RKIDDLH380

Edinburgh Worldwide Investment Trust plc (the "Company")

Shareholder update

4 June 2026

The board of directors of Edinburgh Worldwide Investment Trust plc (the
"Board") announces the following update to the Company's shareholders on its
priorities and the initiatives being considered and undertaken by the
Directors in the early stages of their appointment.

Expected SpaceX IPO and capital returns

The Board notes public reports regarding a potential IPO of Space Exploration
Technologies Corp. ("SpaceX"), including reports that SpaceX is targeting a
Nasdaq listing in mid-June.

The Board remains committed to providing shareholders with a liquidity
opportunity and intends to pursue a tender offer as soon as reasonably
practicable following a SpaceX IPO and the expiry of any applicable lock-up
restrictions affecting the Company's holding in SpaceX.

The Board believes that the successful execution of any liquidity event should
be undertaken in a manner that seeks to maximise value for all shareholders
and will provide further updates as appropriate.

Shareholder Engagement

Since its appointment following the AGM on 30 April 2026 (the "AGM"), the
Board has engaged with a number of shareholders to exchange views regarding
the implementation and sequencing of the Board's priorities and initiatives.

The Board's engagement programme is focused on the execution of the mandate
arising from the AGM and the future direction of the Company.

The Board is focusing key shareholder discussions on:

• the Company's capital allocation policy, taking into account the timing
and quantum of potential disposals of the Company's holding in SpaceX;

• a review of historic significant portfolio activity and related
decision-making processes;

• continuing to work closely with Baillie Gifford regarding the Company's
holding in SpaceX and potential future liquidity initiatives;

• shareholder engagement initiatives;

• a review of the Company's governance arrangements and key third-party
service providers; and

• the proposed appointment of additional Directors.

The Board recognises that retail shareholders are an important component of
the Company's investor base and will continue to have regard to their
interests alongside those of all shareholders when making decisions regarding
the future direction of the Company.

The Board is grateful to shareholders for their continued engagement and
constructive feedback and looks forward to providing a further update at the
time of publication of the Company's interim results for the six months ended
30 April 2026.

For any enquiries, please contact:

Deutsche Numis

Nathan Brown

Tel: +44 20 7547 0569

Matt Goss

Tel: +44 20 7547 0541

Baillie Gifford & Co Limited (Company Secretary)

crtallenquiries@bailliegifford.com

Tel +44 131 275 2000

 

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