Sixth Capital Distribution - Seite 2

 

Payments of redemption monies are expected to be effected either through CREST (in the case of shares held in uncertificated form) or by cheque (in the case of shares held in certificated form) by 31 July 2024. Any certificates currently in circulation will be superseded by a new certificate which will be distributed to certificated shareholders by 31 July 2024.

 

The Company currently has 270,178,206 shares in issue. All of the shares redeemed on the Redemption Date will be cancelled and accordingly will thereafter be incapable of transfer by shareholders or reissue by the Company.

 

The shares will be disabled in CREST after close of business on the Redemption Date and the existing ISIN number, GG00BRC3R375, (the "Old ISIN") will expire. The new ISIN number, GG00BPLZ2K28, (the "New ISIN") in respect of the remaining shares which have not been compulsorily redeemed will be enabled and available for transactions from 8.00 a.m. on 26 July 2024. The share price TIDM, “SWEF.L”, will remain unchanged. For the period up to and including the Redemption Date, shares will be traded under the Old ISIN and as such, a purchaser of such shares may have a market claim for a proportion of the redemption proceeds following the activation of the New ISIN. CREST will automatically transfer any open transactions as at the Redemption Date to the New ISIN.

 

John Whittle Chairman of the Company commented:

“We are pleased to announce further strong progress in our objective to return capital to shareholders with this major distribution announcement made possible by the ongoing realisation milestones achieved from the portfolio. This £80 million distribution follows £45 million in distributions delivered in Q1 2024. There remain eight loan investments in the portfolio. We are satisfied with the status and progress being made in these positions and look forward to providing further updates on capital returns in due course.”