Dear client
Schroders Capital Global Innovation Trust plc announces that it has today published a circular (the "Circular") which contains details of a tender offer to Shareholders to return up to £37 million less costs as part of the Company's ongoing managed wind down.
The Company is alert to events affecting the portfolio during the Tender Offer process. Accordingly, the Final Tender Price will be equal to the Estimated Net Asset Value per Share of 21.36 pence as at 31 May 2025, less the pro rata anticipated costs of the Tender Offer, but updated for any events in the Company's portfolio prior to 18 July 2025 which would lead to a material change in the Company's Estimated Net Asset Value per Share. The Board is not currently aware of any reason why the Final Tender Price would differ from the Indicative Tender Price.
The Tender Offer is intended to enable Eligible Shareholders who wish to sell some or all of their Shares to elect to do so, subject to the overall limits of the Tender Offer. Shareholders who successfully tender Shares will receive the Final Tender Price.
The Board has arranged for Winter flood to conduct the Tender Offer at the Final Tender Price. The Final Tender Price will be announced on or around 25 July 2025.
Completion of the Tender Offer is expected to take place on 28 July 2025.
Effective date: 28 July 2025
Please see attached notification.
There are no current shareholders on platform.
Kind regards
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