GlobalCapital plc - Application for Rights Issue

Wednesday, March 2nd, 2016

On 1 March, GlobalCapital plc announced that it has submitted an application to the Listing Authority for the approval of a Prospectus in connection with the issuance of 16,792,452 new ordinary shares (to be issued pursuant to a 1.27 new ordinary shares for every 1 existing ordinary share Rights Issue). Further detailed information on the Rights Issue shall be announced by the Company following the approval of the Listing Authority.

The announcement explained that such new shares will be available for subscription by those shareholders up to close of trading on 2 March 2016. The offer is expected to take place between 16 March and 30 March 2016.

Any lapsed rights from the Rights Issue will be offered by virtue of an intermediaries offer. The Rights Issue is conditional upon a minimum of ten million (10,000,000) New Ordinary Shares being subscribed for.

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