ODYSSEAN INVESTMENT TRUST PLC

Share Issue/Capital Change • Feb 9, 2022

National Storage Mechanism | Additional information

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

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