Corporate Update

Summary by AI ^BETAClose X

Pristine Capital Plc has provided a corporate update indicating ongoing consideration of legal options regarding a potential breach of commercial confidentiality by a prospective investor. While final abort fees for a proposed acquisition are yet to be agreed, creditors have shown flexibility. The company has also initiated discussions with shareholders and other parties interested in supporting an equity raise. Pristine Capital requires additional funds to publish its annual report and accounts for the year ended 31 October 2025, and it is unlikely this will be completed before the 28 February 2026 deadline, meaning the suspension of its shares will continue until the accounts are published.

Disclaimer*

Pristine Capital PLC

24 February 2026

Pristine Capital Plc / EPIC: PRIS / Market: LSE

24 February 2026

PRISTINE CAPITAL PLC

("Pristine" or the "Company")

Corporate update

Pristine Capital Plc, the Main Market cash shell focusing on the real estate sector, provides the following corporate update.

Further to the announcement on 12 December 2025, Pristine continues to consider its legal options with regards to the possible breach of commercial confidentiality by one of the prospective investors that was introduced in connection with the Company's Proposed Acquisition and the associated Fundraise.

The directors of Pristine ("Directors") have meanwhile been in discussions with the Company's advisers in connection with the Proposed Acquisition to seek to finalise any abort fees and therefore determine the financial position of the Company. Whilst the final abort fees are to be agreed, creditors have indicated that they would be accommodating as to the timing and amounts due. In addition, the Company has had initial discussions with a number of shareholders and other parties who have indicated that they would be willing to support an equity raise for the Company.

The Company will be required to raise additional funds before it is able to publish its annual report and accounts for the year ended 31 October 2025 (the "FY25 Accounts") and, at this stage, the Directors do not believe that this will be concluded prior to the FY25 Accounts publication deadline of 28 February 2026. The listing of the Company's shares will therefore remain suspended until such time that the FY25 Accounts have been published. Further announcements will be made in due course.

Defined terms in this announcement shall have the same meaning as set out in the Company's announcement on 12 December 2025, unless otherwise defined herein.

For further information please visit www.pristinecapitalplc.com or contact:

Pristine Capital plc

Neil Sinclair, Executive Chairman

Tel: +44 (0) 20 3988 0227

Allenby Capital Limited (Broker)

Nick Naylor/James Reeve (Corporate Finance)

Amrit Nahal (Sales & Corporate Broking)

Tel: +44 (0)20 3328 5656

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