Odyssean Investment Trust PLC Update on Corporate Proposal (2035B)

TIDMOIT

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     via Lansons 
  Jane Tufnell (Chair) 
 Winterflood Securities Limited    +44 (0)20 3100 0000 
  Neil Langford                     neil.langford@winterflood.com 
  Hande Derinkok                    hande.derinkok@winterflood.com 
 Frostrow Capital LLP (Company 
  Secretary) 
  Kerstin Rucht                    +44 (0)20 3709 8732 
 Lansons                           +44 (0)7825 427 514 
  David Masters                     davidm@lansons.com

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February 09, 2022 09:59 ET (14:59 GMT)

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