REG - Schroders Cap Glbl - Sale of Securiti AI

Schroders Capital Global Innovation TrustAnnouncement

27/10/2025 07:00

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RNS Number : 8528E  Schroders Capital Global Innovation  27 October 2025

Schroders Capital Global Innovation Trust plc

Sale of Securiti AI

 

Schroders Capital Global Innovation Trust plc (the "Company") is pleased to
announce that its portfolio company, Securiti AI ("Securiti"), has signed a
definitive agreement to be acquired by Veeam Software ("Veeam") for a total
consideration of US $1.725 billion, as announced on 21 October 2025.

Schroders Capital has been invested indirectly in Securiti since 2019 and, in
November 2023, the Company made a direct investment alongside other Schroders
Capital vehicles.

Full details of the transaction have not been disclosed at this time. However,
in accordance with the Company's valuation policy, the Manager currently
estimates a positive valuation adjustment of 2.35% to the 30 June 2025 net
asset value ("NAV"). When factoring in the impact of the Company's 25 July
2025 tender offer announcement, this equates to an NAV increase of
approximately 2.90%. This increase reflects the increased value of Securiti
which is estimated to be valued at £7.7m post transaction, up from £3.6m as
of June 2025.

Further information will be provided once the transaction has closed. All
unquoted holdings, including Securiti AI, will undergo further evaluation and
final determination as part of the 30 September 2025 quarterly NAV
publication.

Tim Creed, Lead Portfolio Manager, and Harry Raikes, Co-Portfolio Manager
commented: "We would like to congratulate the team at Securiti AI on this
outstanding achievement. The acquisition by Veeam reflects the strength of
Securiti's technology and its leadership in the rapidly growing data security
and AI governance market. For Schroders Capital Global Innovation Trust, this
represents a significant value realisation that has occurred earlier than we
had anticipated and is expected to generate meaningful proceeds for
shareholders as part of the managed wind-down process."

 

Enquiries

Schroder Investment Management Limited

Katherine Fyfe (Company Secretary)     0207 658 6000

Charlotte Banks (Press)                          0207 658 6000

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