REG - EMV Capital PLC - Name change and AIM Rule 26 website

JZ Capital PartnersAnnouncement

26/09/2024 08:15

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RNS Number : 6848F  EMV Capital PLC  26 September 2024

For Release 07:00, 26 September 2024

NetScientific plc

("NetScientific" or the "Company")

Name change and AIM Rule 26 website

NetScientific Plc (AIM: NSCI), the deep tech and life sciences VC investment
group, is pleased to announce that it has changed its name to "EMV Capital
plc".

Regulatory information concerning the Company's name change

The Company was issued by Companies House with a change of name certificate on
25 September 2024 and the name change from "NetScientific plc" to "EMV Capital
plc" became effective immediately upon such receipt. Similarly, the Company's
wholly owned venture capital and corporate finance firm, EMV Capital Limited,
has changed its name to EMV Capital Partners Limited with immediate effect.

The Company confirms that its change of name has been notified to the London
Stock Exchange and trading in the Company's shares under the new company name
and new TIDM code, "EMVC", is expected to commence at 8.00 a.m. on 26
September 2024. The Company's ISIN and SEDOL remain unchanged.

In conjunction with its name change, the Company's website address will change
to emvcapital.com. All information required by Rule 26 of the AIM Rules for
Companies will be located on the "Investors" section of the website with
effect from 8.00 a.m. on 26 September 2024.

Shareholders rights are unaffected by these changes and existing share
certificates should be retained and remain valid.

Background to the Company's name change and rebranding

The rebranding marks the culmination of NetScientific's strategic evolution,
since acquiring EMV Capital in 2020, to a fully integrated venture capital and
corporate finance business.

The Group has grown substantially in both scale and scope since its inception.
In 2019, the Group's portfolio fair value stood at approximately £8 million.
Today, through its capital-efficient model and strategic value-creation
services, the Group has established itself as a key player in venture capital,
spanning deep tech, life sciences, and other innovative sectors. The EMV
Capital brand, used by the Group since 2020, is already highly regarded and
well established in this space, and as such the name change and rebranding
across the Group is a logical step towards unifying the Group's offerings to
its stakeholders.

EMV Capital plc now manages a diversified portfolio of over 70 companies with
estimated AUM exceeding £100 million (as announced on 13 June 2024),
significantly expanding beyond its origins and is uniquely positioned to
leverage its expertise across fund management, corporate finance, and
portfolio growth services to deliver positive returns for investors, even when
market conditions remain challenging.

As EMV Capital plc, the Group continues its expansion beyond life sciences
into deep tech, including sectors such as sustainability, digital health, and
advanced materials. The Company's ability to provide fund management,
corporate finance, and syndication services across its portfolio enables it to
identify, nurture, and accelerate the growth of early-stage companies. By
offering hands-on support through each growth phase, EMV Capital is committed
to helping companies scale while delivering meaningful societal impact.

With a goal to further grow Assets Under Management, the Group aims to scale
its capital-efficient investment model, expand its fund management practice,
and enhance the value of its portfolio through targeted investments and
value-creation services.

Dr. Ilian Iliev, CEO of EMV Capital plc, commented:

"Since acquiring EMV Capital in 2020, we have consolidated our operations,
significantly grown our portfolio, and expanded our strategic focus. This new
identity for our Group reflects our business today-an agile, multi-sector
venture capital firm committed to delivering superior returns from innovative,
high-growth companies.

"With Assets Under Management having surpassed £100 million, this milestone
highlights our success in navigating a challenging market and underscores our
ambitious plans for the future. Our continued focus on deep tech and life
sciences, combined with our value-creation approach, positions EMV Capital to
be at the forefront of driving the next wave of innovation and shareholder
value."

 

-Ends-

 

 For more information, please contact:
 EMV Capital plc                                                             via Rosewood
 Ilian Iliev, CEO

 Panmure Liberum (UK) Limited (NOMAD and Broker)                             +44 (0)20 7886 2500
 Emma Earl / Will Goode / Freddy Crossley / Mark Rogers (Corporate Finance)
 Rupert Dearden (Corporate Broking)

 Rosewood (Financial PR)                                                     +44 (0)20 7653 8702
 John West / Llewellyn Angus / Lily Pearce

 

About EMV Capital plc (EMVC)

EMV Capital plc, formerly known as NetScientific plc, is a deep tech and life
sciences venture capital investment group with an international portfolio of
high-growth companies.

With a strategic focus on generating superior returns for investors from the
fast-growing sectors and technologies that will define our future; EMV Capital
invests in, manages and strengthens early stage IP-rich companies.

EMV Capital holds both direct equity stakes and carried interest in its
portfolio companies, creating an evergreen structure that supports extensive
growth and value creation. EMV Capital's investment thesis is realised through
these capital sources:

·    capital-efficient investments through Group balance sheet;

·    fund management of the Evergreen EIS and Martlet Capital Funds;

·    syndicated investments leveraging its network of third-party
investors.

EMV Capital's approach is characterised by its proactive management style,
aiming to advance portfolio companies to critical value inflection points by
actively engaging with them. Companies are supported through Board
representation and the use of its Value Creation Services practice.

Headquartered in London, with a Cambridge presence and strong international
links, EMV Capital is quoted on the AIM market of the London Stock Exchange.

For more information, visit www.emvcapital.com (http://www.emvcapital.com)

 

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