REG-Marechale Capital Plc: Realisation of Investment

Marechale CapitalAnnouncement

20/02/2023 07:15

20 February 2023

Marechale Capital plc

(“Marechale” or the “Company”)

Realisation of Investment

The Directors of Marechale Capital plc (AIM: MAC) announce that the Company
has received proceeds of £218,000 for the sale of shares held in Future
Biogas Group Ltd (“FBG”), following the acquisition of FBG by 3i
Infrastructure plc on 15 February 2023. The shares sold in FBG included shares
that were originally acquired in 2010-11 for £11,600 and shares issued to the
Company by FBG in exchange for warrants granted to the Company as a result of
its advice and assistance in fundraising. 

The realisation of this investment is an example of the fulfilment of the
Company’s strategy to have equity in its growth company clients, as part of
its corporate finance fees.

The Company’s investments are held according to IFRS 9 at ‘fair value’
and any profits and/or losses recognised through the Profit and Loss Account.
While the Company will record a small loss from the sale of the shares in the
current financial year, over the 12 years since the initial investments in
FBG, Marechale has recorded total net gains of £206,000. The proceeds of the
sale have been received in full, in cash and will help provide working capital
for the group as the markets remain challenging for fundraising, as was
reported on in the Company’s half-yearly results announced on 2 December
2022.

This announcement contains inside information for the purposes of Article 7 of
EU Regulation 596/2014.

For further information please contact:

 Marechale Capital plc Mark Warde-Norbury / Patrick Booth-Clibborn                                   Tel: +44 (0)20 7628 5582 
 Cairn Financial Advisers LLP (Nomad) Jo Turner / Sandy Jamieson                                     Tel: +44 (0)20 7213 0880 
 BlytheRay (Financial PR) Tim Blythe / Megan Ray                     Tel: + 44 (0)78 7574 4070 marechalecapital@blytheray.com 

About Marechale Capital

Marechale is an established City of London based corporate finance house, with
a long-term track record and a strong reputation in advising & financing high
growth consumer brands, leisure, clean energy, and technology companies. The
Company uses its balance sheet to co-invest in its client companies, along
with warrants and founder equity, in order to create shareholder value.



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