Results of Tender Offer and Issue

Investment Company PLC

10 July 2026

 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION

THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED IN IT ARE NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO, THE UNITED STATES OF AMERICA (INCLUDING ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATES AND THE DISTRICT OF COLUMBIA), AUSTRALIA, CANADA, JAPAN, NEW ZEALAND, THE REPUBLIC OF SOUTH AFRICA, IN ANY MEMBER STATE OF THE EEA OR IN ANY OTHER JURISDICTION IN WHICH THE SAME WOULD BE UNLAWFUL.

THIS ANNOUNCEMENT IS NOT AN OFFER TO SELL, OR A SOLICITATION OF AN OFFER TO ACQUIRE, SECURITIES IN THE UNITED STATES OR IN ANY OTHER JURISDICTION IN WHICH THE SAME WOULD BE UNLAWFUL. NEITHER THIS ANNOUNCEMENT NOR ANY PART OF IT SHALL FORM THE BASIS OF OR BE RELIED ON IN CONNECTION WITH OR ACT AS AN INDUCEMENT TO ENTER INTO ANY CONTRACT OR COMMITMENT WHATSOEVER.

Investment Company PLC

LEI: 2138004PBWN5WM2XST62

10 July 2026

The Investment Company plc

(the "Company")

Results of Tender Offer and Issue

The Board of The Investment Company plc confirms that 5,439,991 Ordinary Shares were validly tendered pursuant to the Tender Offer, constituting 59.2 per cent. of the existing issued share capital of the Company. In addition, the Company has received total commitments of approximately £7.16 million pursuant to the Placing and Offer for Subscription. As a result, the Minimum NAV Condition in relation to the Proposals has been met, allowing for the completion of the Proposals subject to the Distributable Reserves Condition being met.

The Issue Price and Tender Price will be calculated on the Calculation Date, being on or around 6.00 p.m. on 14 July 2026 and, in accordance with the indicative timetable, an announcement is expected to be made on 15 July 2026.

Capitalised terms used in this announcement shall have the meanings given in the Circular referred to above which is available on the Company's website https://theinvestmentcompanyplc.co.uk/

The full updated expected timetable is set out below.

Expected timetable

	2026
Final hearing in respect of the Capital Reduction	14 July
Calculation Date	6.00 p.m. on 14 July
Announcement of the Tender Price and Issue Price	7.00 a.m. on 15 July
Confirmation of the cancellation of the share premium account, capital redemption reserve and reduction of Ordinary Share capital (if approved by the Court)	expected to be by 27 July
Repurchase of Ordinary Shares pursuant to the Tender Offer and issue and sale of Ordinary Shares pursuant to the Issue (including the Matched Bargain Facility)	8.00 a.m. on 28 July
Admission and dealings in new Ordinary Shares commence	8.00 a.m. on 28 July
CREST accounts credited with uncertificated Ordinary Shares in respect of the Issue (including the Matched Bargain Facility)	28 July
Payments through CREST made in respect of the relevant number of Ordinary Shares tendered held in uncertificated form and cheques despatched in respect of the relevant number of Ordinary Shares tendered held in certificated form	on or around 28 July
Where applicable, definitive Ordinary Share certificates in respect of the Ordinary Shares issued pursuant to the Issue despatched by post	within 10 Business Days of Admission

All references to times in this announcement are to London time unless otherwise stated. Any further changes to the expected timetable will be notified by the Company through an RIS.

For further information, please contact:

The Investment Company PLC Ian Dighé, Chairman	Tel: [phone]
Shore Capital	Tel: [phone]
Gillian Martin / Anita Ghanekar / Matthew Walton (Corporate Advisory) Henry Wilcocks / Fiona Conroy (Corporate Broking)
ISCA Administration Services Limited Company Secretary	Tel: [phone]

 

END