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FIRST TIN PLC Capital/Financing Update 2021

Jul 13, 2021

5105_rns_2021-07-13_52983646-b77e-4223-b5a2-9bb323602550.html

Capital/Financing Update

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National Storage Mechanism | Additional information

First Sentinel Plc - Redemption and cancellation of 400,000 Euronext Bonds

PR Newswire

London, July 13

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, NEW ZEALAND, RUSSIA, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A BREACH OF THE RELEVANT SECURITIES LAWS OF SUCH JURISDICTION.

This announcement does not constitute a prospectus or offering memorandum or an offer in relation to any securities of First Sentinel Plc or of any other entity and should not be considered as a recommendation that any person should subscribe for or purchase any such securities.

This announcement contains inside information for the purposes of the Market Abuse Regulation (EU No. 596/2014) ("MAR"). Upon the publication of this announcement, this inside information is now considered to be in the public domain and shall therefore cease to be inside information.

13 July 2021

First Sentinel Plc

(“First Sentinel” or the “Company”)

Redemption and cancellation of400,000 Euronext 7.5% Secured Bonds

Redemption of Euronext Bonds

The Company announced on 27 June 2019 that it intended to issue up to £7,000,000 sterling denominated 7.5% Secured Bonds due 31 May 2024, to be admitted to trading on the global exchange market operated by the Irish Stock Exchange plc, trading as Euronext Dublin (“Euronext Bonds”).

First Sentinel announces that it has redeemed and cancelled 400,000 Euronext Bonds. The redemption price, comprising the principal amount and accrued interest, has been repaid to investors in full. Following the cancellation of those bonds, there are now 2,702,802 Euronext Bonds outstanding.

About First Sentinel

First Sentinel PLC provides debt financing solutions for small to medium-sized businesses primarily through its supply chain finance and invoice purchasing activities. First Sentinel also invests in a range of secured and unsecured debt instruments in private and public companies.

The Company’s website is www.first-sentinel.com

For further corporate information, please contact:

Mr. Brian Stockbridge

CEO, First Sentinel Plc

Tel: + 44 (0) 7876 888 011

AQSE Corporate Advisor, Beaumont Cornish Limited

James Biddle / Roland Cornish

Tel: +44(0)20 7628 3396