REG-Strategic Equity Capital Plc: Tender Offer Net Asset Value

Strategic Equity CapitalAnnouncement

15/10/2025 13:00

Strategic Equity Capital plc ("SEC" or the "Company")

Tender Offer Net Asset Value

Further to the announcement earlier today, the Board hereby confirms the Net
Asset Value ("NAV") of the Company at the Calculation Date of 14 October 2025
was £181,283,561.

A total of 9,510,496 Ordinary Shares were validly tendered under the Tender
Offer representing 22.016 per cent. of the issued share capital of the
Company. Therefore, the NAV of the Continuing Pool was £141,372,809 and the
NAV of the Tender Pool was £39,910,752.

Unless otherwise indicated, capitalised terms used in this announcement have
the same meaning as given to them in the Circular dated 15 September 2025.

LEI: 2138003R5GB8QZU2G577

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)                   +44 (0) 20 3837 6270                                                                                                                    
                                                                                                                                                      Chris Elliott (Managing Director, Wholesale)                                                                                                                                                                                                       
 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  

NOTICE FOR U.S. SHAREHOLDERS

The Tender Offer relates to securities of a non-U.S. company registered in
England and Wales and listed on the London Stock Exchange and is subject to
the disclosure requirements, rules and practices applicable to companies
listed in the United Kingdom, which differ from those of the United States in
certain material respects.  A circular has been prepared in accordance with
U.K. style and practice for the purpose of complying with the laws of England
and Wales and the rules of the FCA and of the London Stock Exchange.  U.S.
shareholders should read the entire circular.  The Tender Offer is not
subject to the disclosure or other procedural requirements of Regulation 14D
under the U.S. Securities Exchange Act of 1934, as amended.  The Tender Offer
will be made in the United States pursuant to Section 14(e) of, and Regulation
14E under, the Exchange Act, subject to the exemptions provided by Rule 14d-1
(d) thereunder, and otherwise in accordance with the requirements of the rules
of the FCA and the London Stock Exchange.  Accordingly, the Tender Offer will
be subject to disclosure and other procedural requirements that are different
from those applicable under U.S. domestic tender offer procedures and law. 
The Company is not listed on an American securities exchange, is not subject
to the periodic reporting requirements of the Exchange Act and is not required
to, and does not, file any reports with the SEC thereunder.

It may be difficult for U.S. shareholders to enforce certain rights and claims
arising in connection with the Tender Offer under U.S. federal securities
laws, because the Company is located outside the United States, and its
officers and directors reside outside the United States. It may not be
possible to sue a non-U.S. company or its officers or directors in a non-U.S.
court for violations of U.S. securities laws.  It also might not be possible
to compel a non-U.S. company or its affiliates to subject themselves to a U.S.
court's judgment.

To the extent permitted by applicable law and in accordance with normal U.K.
practice, the Company or Panmure Liberum or any of their affiliates may make
certain purchases of, or arrangements to purchase, shares outside the United
States during the period in which the Tender Offer remains open for
acceptance, including sales and purchases of shares effected by Panmure
Liberum acting as market maker in the shares.



Copyright (c) 2025 PR Newswire Association,LLC. All Rights Reserved