Eight Capital Ptnrs. - 1AF2 Bond Update

22 August 2024

Eight Capital Partners plc

("ECP", "Eight Capital" or "the Company")

1AF2 Bond Update

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, announces an update to the repayments owed to the Company by 1AF2 Limited ("1AF2") relating to the bonds purchased in 2021.

The Company announced on 22 July 2024 that it had received a proposal from 1AF2 and TAG to acquire the 1AF2 Bond from ECP at par value with settlement in cash, public securities and private assets and that TAG proposed to transfer EUR 4 million of assets to ECP as additional security while this process completes.

The negotiations have advanced and EUR 4 million of listed bond assets have been transferred to ECP as additional security while the transaction is executed.  The proposal announced on 22 July has been re-confirmed and the Company now awaits a first cash payment at which point it would simultaneously execute the settlement agreement.

The Company expects the settlement agreement for be executed shortly and it will keep the market apprised of developments.

This announcement contains inside information for the purposes of the UK Market Abuse Regulation and the Directors of the Company are responsible for the release of this announcement.

For further information, please visit www.eight.capital or contact:

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