REG-Strategic Equity Capital Plc: Interim Payment

Strategic Equity CapitalAnnouncement

19/02/2026 07:02

THE INFORMATION CONTAINED IN THIS ANNOUNCEMENT IS RESTRICTED AND IS NOT FOR
PUBLICATION, RELEASE OR DISTRIBUTION IN WHOLE OR IN PART IN OR INTO AUSTRALIA,
CANADA, JAPAN, NEW ZEALAND OR SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE ITS
RELEASE, PUBLICATION OR DISTRIBUTION IS OR MAY BE UNLAWFUL.                   
                                            THIS ANNOUNCEMENT DOES NOT
CONSTITUTE AN INVITATION TO PARTICIPATE IN THE TENDER OFFER (AS DEFINED
HEREIN) IN OR FROM ANY JURISDICTION IN OR FROM WHICH, OR TO OR FROM ANY PERSON
TO OR FROM WHOM, IT IS UNLAWFUL TO MAKE SUCH OFFER UNDER APPLICABLE SECURITIES
LAWS OR OTHERWISE.

 

19 February 2026

 

Interim Payment

 

Further to the Interim Payment on 2 December 2025, whereby 4,755,233 Ordinary
shares were repurchased by the Company, representing approximately 50 per
cent. of the Tender Pool as at 25 November 2025, the Company today announces a
second Interim Payment to Tendering Shareholders.

 

In connection with the second Interim Payment, the Company will repurchase
2,444,164 Ordinary Shares at a Tender Price of 410.00 pence per Ordinary
Share. This Interim Payment represents approximately 50 per cent. of the value
of the remaining Tender Pool as at 17 February 2026. Following completion of
the second Interim Payment the Company has repurchased approximately 75% of
the total number of Ordinary Shares validly tendered in the Tender Offer.

 

The expected timetable in respect of the second Interim Payment is outlined
below.

 

 Expected timetable in respect of the Interim Payment                                                                                
 Tender Price and payment date announced                                                                           19 February 2026  
 Acquisition by Panmure Liberum, and repurchase by the Company from Panmure Liberum, of 2,444,164 Tendered Shares  24 February 2026  
 Payments through CREST made in respect of the relevant Tendered Shares held in uncertificated form                24 February 2026  
 Cheques despatched in respect of the relevant Tendered Shares held in certificated form                           24 February 2026  

 

 

Capitalised terms shall have the meaning attributed to them in the Circular
unless otherwise defined in this announcement.

 

 

 

For further information, please contact:

 

 Strategic Equity Capital plc   William Barlow (Chairman)                                              (via Juniper Partners)  +44 (0)131 378 0500     
 Gresham House Asset Management   (Investment Manager)   Chris Elliott (Managing Director, Wholesale)  +44 (0) 20 3837 6270                            
 Panmure Liberum Limited (Corporate Broker)   Chris Clarke / Darren Vickers                            +44 (0)20 3100 2222                             
 Juniper Partners Limited (Company Secretary)     Steven Davidson                                      +44 (0)131 378 0500                             
 KL Communications (PR Adviser)   Charles Gorman  Adam Westall  Charlotte Francis                      gh@kl-communications.com   +44 (0)20 3882 6644  

 

 

 

 

 



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