Result of General Meeting

20 October 2021

Summerway Capital Plc

("Summerway" or the "Company")

Result of General Meeting

Following the General Meeting of the Company, which was held earlier today, the Board is pleased to announce that the ordinary resolution set out in the Notice of General Meeting was duly passed. Details of the number of proxy votes cast for, against and withheld on the resolution will be published on the Company's website at https://www.summerwaycapital.co.uk/.

The Company's investing policy has now been amended and the Company looks forward to pursuing its revised strategic focus and advancing current discussions with an immediate opportunity within the healthcare and pharmaceutical sector.

This announcement contains inside information for the purposes of article 7 of the Market Abuse Regulation (EU) 596/2014 as amended by regulation 11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310. With the publication of this announcement, this information is now considered to be in the public domain.

Enquiries:

Summerway Capital Plc

Tony Morris 020 7440 7520

Canaccord Genuity Limited (Nominated Adviser and Broker)

Andrew Potts 020 7523 8000