Launch of Share Buyback Programme

TMT Investments Plc (AIM: TMT.L), the venture capital company investing in high-growth technology companies, is pleased to announce that it will today commence an on-market share buyback programme (the "Programme") to purchase ordinary shares of no par value each in the Company ("Ordinary Shares") for an aggregate consideration of up to US$ 2,000,000.

The Company's board of directors believe that the current share price trades at a significant discount to the Company's intrinsic value. The purpose of the Programme is therefore to seek to take advantage of this discount to enhance Net Asset Value (NAV) per share, reduce the Company's share capital, and return value to its shareholders. All Ordinary Shares purchased pursuant to the Programme will be cancelled after completion of each purchase.

The Programme will be conducted in accordance with the authority granted to the Company by its shareholders at the Annual General Meeting held on 20 May 2025 (the "AGM"), which permits the purchase by the Company of up to 10% of its issued share capital. The Company intends to repurchase up to 800,000 Ordinary Shares under the Programme, representing approximately 2.54% of its issued share capital. The Programme will operate until 19 December 2025, unless completed earlier or extended.

Any purchases of Ordinary Shares under the Programme will be made at a price not exceeding the lower of: (i) the average of the closing middle market quotations for the five business days immediately preceding the date of effective purchase (as derived from the London Stock Exchange AIM Appendix to the Daily Official List); and (ii) US$ 3.10 per share.

The Company has appointed Hobart Capital Markets LLP (the "Broker") to manage the Programme. The Broker will make its trading decisions concerning the purchases of Ordinary Shares independently of, and uninfluenced by, the Company.

Due to the limited liquidity in the issued Ordinary Shares, any buyback of Ordinary Shares under the Programme on any trading day may represent a significant proportion of the daily trading volume in the Ordinary Shares on AIM and may exceed 25 per cent. of the average daily trading volume, being the limit laid down under Article 5(1) of the Market Abuse Regulation (EU) No. 596/2014 as it forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018 (the "UK MAR") and, in such circumstances, the Company will not benefit from the exemption contained in that Article.

Any purchases made under the Programme will be announced to the market via a Regulatory Information Service by no later than 7:00 a.m. on the business day following the calendar day on which the purchase occurred.

The Company confirms that it currently has no unpublished price sensitive information beyond the information contained within this announcement.