HL and Southey Capital Offer6 Jul 2026 20:18
Solidcore Resources plc - Tender offer
Action required before midday on 13th Jul 2026.
Southey Capital, a third party that is not affiliated with HL, has made an offer to purchase a number of Solidcore Resources plc shares from existing shareholders. This is known as a tender offer. Participation is entirely optional.
Important information about the offer
The purchase price will be calculated at a 12% discount to the average market price of a Solidcore Resources plc share reported on the AIX website (https://market.aixkz.com/details/CORE/history) on the day before the relevant purchase takes place. This means the price you receive will be lower than the relevant AIX market price.
The price you will receive will not be known when you submit your instruction and will depend on the average market price reported on the AIX on the day before your shares are purchased.
If you don’t want to sell any shares, you don’t need to do anything.
You can ask to sell all or part of your holding in the offer; however:
• there is no guarantee that all or any of your shares will be purchased;
• Southey Capital may decide not to accept any shares tendered under the offer;
• HL intends to manage client demand on a “first come, first served” basis where demand exceeds the number of shares that can be purchased in a particular period;
• the offer is expected to remain open for a number of months, depending on demand;
• it may therefore take a number of weeks or months before your shares are purchased; and
• depending on when your shares are purchased, the final price you receive may differ from current market prices.
Because instructions may be processed over a number of weeks or months, the price ultimately received for shares sold at a later date may be different from the price received by investors whose shares are purchased earlier.
Sell shares in the offer – Act by noon on Monday 13 July 2026
You can give an instruction to sell shares in the offer below, before our deadline of noon on Monday 13 July 2026.
Cash from any successful sale will be received in US Dollars and converted to Pound Sterling upon receipt, based on the prevailing exchange rate at the time and our standard currency conversion fees. Cash is expected to be credited to your HL account within a week of the purchase of your shares being completed.
HL will not charge a dealing commission for any sale completed through this offer.
This correspondence is a summary of the official offer document. It is not personal advice.
HL is providing information about the offer but is not recommending whether you should participate. The decision whether to take up the offer is entirely yours.
Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter/message and not on the summary information outlined above.