Eight Capital Partners plc: Result of General Meeting

London (pta019/11.08.2023/12:01 UTC+2)

Result of General Meeting of Noteholders of the Company's €10,000,000 4.8% Fixed Rate Notes due 3 September 2026 (ISIN XS2027405880)

Eight Capital Partners plc (AQSE: ECP), the financial services operating company that aims to grow revenue through businesses engaged in "Fintech" operations including in the digital banking and lending sectors, is pleased to announce that, at a meeting of the holders of the Company's €10,000,000 4.8% Fixed Rate Notes due 3 September 2026 (ISIN XS2027405880) ("Notes") held yesterday in London, the Extraordinary Resolution was passed with the approval of 82% of those voting. As a result of the passing of this resolution, with effect from 3 September 2023 (the "Implementation Date"), all Notes, together with the interest payment due on 3 September 2023, will be converted into new ordinary shares in ECP ("Conversion Shares"). The Notes account for the majority of the Company's debt and, therefore, following the issue of the Conversion Shares, outstanding debt in the Company will be significantly reduced.

The price of the Conversion Shares will be calculated by reference to the volume weighted average price (VWAP) per share of the last ten trading days before the Implementation Date. Assuming yesterday's £/€ exchange rate and share price, this would result in the issue of approximately 25.9 billion new ordinary shares, representing approximately 13.8 per cent. of the so enlarged issued share capital.

Admission of the Conversion Shares to trading on the AQSE Growth Market is expected to occur on or around 5 September 2023 and the Company will make a further detailed announcement prior to admission.

About Eight Capital Partners:

Eight Capital partners plc is a financial services operating company that aims to grow revenue through businesses engaged in "Fintech" operations including in the digital banking and lending sectors.

ECP seeks to grow its group revenue in these high growth fintech sub-sectors, which it expects to also increase in value, such that they generate an attractive rate of return for shareholders, predominantly through capital appreciation.

www.eight.capital

Eight Capital Partners operates two subsidiary businesses:

Epsion Capital:

Epsion Capital is an independent corporate advisory firm based in London with an extensive experience in UK and European capital markets. The team of senior and experienced ECM and M&A professionals is specialised across multiple markets, sectors and geographies and it prides itself on a commercial approach that allows the clients to achieve their growth ambitions. www.epsioncapital.com

Innovative Finance:

Innovative Finance is a corporate finance advisory business that develops mergers and acquisitions and financing solutions across multiple sectors, primarily in Europe, with access to international transactions. It focuses on investments in Europe which are linked to technological developments in the financial services industry. www.innovfinance.com

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Emitter:	Eight Capital Partners plc Kemp House, 160 City Road EC1V 2NX London United Kingdom
Contact Person:	Luciano Maranzana
Phone:	+44 2033000715
E-Mail:	l.maranzana@eight.capital
Website:	www.eight.capital
ISIN(s):	GB00BL96TV97 (Bond) GB00BP2P0741 (Bond) XS2027405880 (Bond)
Stock Exchange(s):	Vienna Stock Exchange (Vienna MTF)