North Atl.smlr Regulatory News (NAS)

North Atlantic Smaller Companies Investment Trust PLC

("NASCIT")

30th June 2026 

Portfolio Update: Coventbridge Group Limited

The Board of North Atlantic Smaller Companies Investment Trust plc. ("NASCIT") is pleased to announce the partial sale of Coventbridge Group Limited which will result in the repayment of the 10% loan note plus interest amounting to circa £5.9m and approximately a further £8.0m from a distribution from Harwood Private Equity IV resulting from the sale. The total return on the equity is circa 2.6x.

The remaining business assets (which will be held in a Newco) are valued very modestly as they are subject to contract renewals. There could, however, be a further good upside should the negotiations be successful. The overall value of the transaction is at a premium to the end January valuation.

For enquires:

Christopher Mills 020 7640 3200