Strategic Eqty Regulatory News (SEC)

THE INFORMATION CONTAINED IN THIS ANNOUNCEMENT IS RESTRICTED AND IS NOT FOR PUBLICATION, RELEASE OR DISTRIBUTION IN WHOLE OR IN PART IN OR INTO AUSTRALIA, CANADA, JAPAN, NEW ZEALAND OR SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE ITS RELEASE,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.

27 November 2025

Interim Payment

Further to the results of the Tender Offer announced on 15 October 2025, whereby 9,510,496 Ordinary Shares were validly tendered, the Company today announces an Interim Payment to Tendering Shareholders, the number of Tendered Shares to be repurchased and the Tender Price at which Ordinary Shares will be repurchased by the Company.

In connection with the Interim Payment, the Company will repurchase 4,755,233 Ordinary Shares at a Tender Price of 405.00 pence per Ordinary Share. This Interim Payment represents approximately 50% of the value of the Tender Pool as at 25 November 2025.

A portion of the assets realised in the Tender Pool have been transferred to the Continuing Pool and sold to other clients of the Investment Manager, in line with the protocols the Board put in place with the Investment Manager and as outlined in the circular to Shareholders dated 15 September 2025 (the "Circular").

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

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

For further information, please contact: