THIRD QUARTER ENDED 30 SEPTEMBER 2021

The Company published its third quarter results for the quarter ended 30 September 2021 on 22 October 2021.

Financial Highlights

• The net asset value (“NAV”) at 30 September 2021 was £46.9 million, 58.0 pence per share (30 June 2021: £47.6 million, 59.0 pence per share);
• Realised and unrealised portfolio losses, excluding £0.4 million of foreign exchange gains, were £0.7
  million;
• Running costs were £0.4 million and investment related costs were £0.1 million;