EPE Special Opps Ltd - Portfolio Update

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EPE Special Opportunities Ltd · EO.P

02/10/2024 11:15

RNS Number : 6554G

EPE Special Opportunities Limited

02 October 2024

EPE Special Opportunities Limited

Portfolio Update

Further to the portfolio update on 18 July 2023, EPE Special Opportunities Limited ("ESO" or the "Company") announces that on 2 October 2024, ESO Investments 1 Limited (an undertaking of ESO) ("ESO 1") has provided further funding to Hamsard 3634 Limited, the holding company for the group trading as The Rayware Group ("Rayware") (the "Investment").

ESO 1 invested £2.0 million (funded by cash reserves advanced from ESO) via a subscription to Rayware shareholder loan notes. Following the Investment, ESO has available cash of £16.0 million. The Investment has no material impact on the Company's net asset value and will be retained as cash on the balance sheet of Rayware. In addition, ESO 1 has undertaken to provide £1.0m of funding by way of a contingent guarantee to Rayware's third party lenders, replacing the existing guarantee put in place in July 2023.

The person responsible for releasing this information on behalf of the Company is Amanda Robinson of Langham Hall Fund Management (Jersey) Limited.

Enquiries:

EPIC Investment Partners LLP	+44 (0) 207 269 8860 Rupert Palmer

Langham Hall Fund Management (Jersey) Limited	+44 (0) 153 488 5200 Amanda Robinson

Cardew Group Limited	+44 (0) 207 930 0777 Richard Spiegelberg

Numis Securities Limited	+44 (0) 207 260 1000
Nominated Advisor:	Stuart Skinner
Corporate Broker:	Charles Farquhar

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