Update on Corporate Proposal

RNS Number : 2035B
Odyssean Investment Trust PLC
09 February 2022
 

LEI: 213800RWVAQJKXYHSZ74

 

9 February 2022

 

ODYSSEAN INVESTMENT TRUST PLC

 

Update on Proposal to Strategic Equity Capital plc

 

The Board of Odyssean Investment Trust plc ("OIT") notes the announcement this morning by Strategic Equity Capital plc ("SEC") with respect to the proposed combination of SEC and OIT and the alternative series of proposals presented by SEC ("SEC Proposals").

 

The Board of OIT believes that the SEC Proposals represent a missed opportunity to create a leading and growing, premium investment trust of greater scale differentiated from the wider UK small cap sector.

 

 

For further information, please contact:

 

Odyssean Investment Trust plc

Jane Tufnell (Chair)

 

via Lansons

Winterflood Securities Limited

Neil Langford

Hande Derinkok

 

+44 (0)20 3100 0000

neil.langford@winterflood.com

hande.derinkok@winterflood.com

Frostrow Capital LLP (Company Secretary)

Kerstin Rucht

 

+44 (0)20 3709 8732

Lansons

David Masters

+44 (0)7825 427 514

davidm@lansons.com

 

 

 

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