WRAP Retail Offer

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, OUTSIDE OF THE UK.

EMV Capital plc

("EMVC" or the "Company")

WRAP Retail Offer for up to £620,000

EMV Capital plc (AIM: EMVC), the deeptech and life sciences VC investment group, is pleased to announce a retail offer via the Winterflood Retail Access Platform (WRAP) to raise up to £620,000 (WRAP Retail Offer) through the issue of new ordinary shares of £0.05 each in the capital of the Company (Ordinary Shares). Under the WRAP Retail Offer up to 1,240,000 new Ordinary Shares (WRAP Retail Offer Shares) will be made available at a price of £0.50 per share.

In addition to the WRAP Retail Offer and as announced earlier today (3 December 2024), the Company is also proposing a direct subscription of new Ordinary Shares (Subscription Shares and together with the WRAP Retail Offer Shares, New Ordinary Shares) to raise approximately £880,000 (before expenses) through a bookbuild process (Subscription) at a price of £0.50 per Subscription Share (Issue Price).

The Issue Price represents a premium of approximately 15 per cent. to the mid-market closing price of an Ordinary Share on 2 December 2024 (being the latest practicable date prior to this announcement). The issue price of the WRAP Retail Offer Shares is equal to the Issue Price. If the WRAP Retail Offer is taken up in full, the aggregate gross proceeds of the Subscription and WRAP Retail Offer will be approximately £1.5 million.

The WRAP Retail Offer is conditional on the New Ordinary Shares being admitted to trading on AIM (Admission). It is anticipated that Admission will become effective and that dealings in the New Ordinary Shares will commence on AIM, at 8.00 a.m. on or around 9 December 2024.

WRAP Retail Offer Details and Eligibility

Existing shareholders can contact their broker or wealth manager to participate in the WRAP Retail Offer. Retail brokers wishing to participate in the WRAP Retail Offer on behalf of existing retail shareholders, should contact wrap@winterflood.com.

The WRAP Retail Offer is expected to close at 4.30 p.m. on 4 December 2024. Eligible shareholders should note that financial intermediaries may have earlier closing times.

To be eligible to participate in the WRAP Retail Offer, applicants must be a customer of a participating intermediary and: (i) existing shareholders in the Company aged 18 or over or other bodies corporate, partnerships, trusts, associations and other unincorporated organisations; or (ii) Investment Professionals, High Net Worth Companies, Unincorporated Associations etc, or Certified Sophisticated Investors under Articles 19, 49, or 50 of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005.

There is a minimum subscription of £100 per investor under the WRAP Retail Offer. The terms and conditions on which investors subscribe will be provided by the relevant financial intermediaries including relevant commission or fee charges.

It is a term of the WRAP Retail Offer that the total value of the WRAP Retail Offer Shares available for subscription at the Issue Price does not exceed £620,000. The WRAP Retail Offer Shares to be issued or sold pursuant to the WRAP Retail Offer will not be admitted to trading on any stock exchange other than the London Stock Exchange.

No offering document, prospectus or admission document has been or will be prepared or submitted to be approved by the Financial Conduct Authority (or any other authority) in relation to the WRAP Retail Offer, and investors' commitments will be made solely on the basis of the information contained in this announcement and information that has been published by or on behalf of the Company prior to the date of this announcement by notification to a Regulatory Information Service in accordance with the AIM Rules for Companies, the Financial Conduct Authority's Disclosure Guidance and Transparency Rules, the Market Abuse Regulation (EU Regulation No. 596/2014) (MAR) and MAR as it forms part of United Kingdom law by virtue of the European Union (Withdrawal) Act 2018 (as amended).

A subscription for WRAP Retail Offer Shares and investment in the Company carries a number of risks. An investment in the Company will place capital at risk. The value of investments, and any income, can go down as well as up, so investors could get back less than the amount invested. Neither past performance nor any forecasts should be considered a reliable indicator of future results. The value of Ordinary Shares and the income from them is not guaranteed and can fall as well as rise due to stock market movements. When you sell your investment, you may get back less than you originally invested. Returns may increase or decrease as a result of currency fluctuations.

Investors should take independent professional advice if they are in any doubt about the risks in connection with an investment into the Company.

Further information on the Company can be found on its website at emvcapital.com.

The Company's LEI is 213800N5WD46G1Y7I458.