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This announcement is not an advertisement for the purposes of the Prospectus Rules of the UK Financial Conduct Authority ("FCA") and not a prospectus and not an offer to sell, or a solicitation of an offer to subscribe for or to acquire securities. Neither this announcement nor anything contained herein shall form the basis of, or be relied upon in connection with, any offer or commitment whatsoever in any jurisdiction. Investors should not purchase or subscribe for any transferable securities referred to in this announcement except on the basis of information contained in the prospectus (the "Prospectus") which has been published by Bay Capital Plc in connection with the proposed admission of its ordinary shares to the standard listing segment of the Official List maintained by the FCA and to trading on the London Stock Exchange plc's main market for listed securities. Copies of the Prospectus are available for inspection from www.baycapitalplc.com.

BAY CAPITAL PLC

("Bay Capital" or the "Company")

First Day of Dealings

Bay Capital Plc (LSE: BAY) the specialist investment company, announces the admission of its entire issued share capital to trading on the London Stock Exchange.  Admission will take place and dealing will commence at 8.00 a.m. today under the ticker BAY and ISIN JE00BKVHVW88.

Highlights

§ Bay Capital is focused on investment and acquisition opportunities in the industrial, construction and business services sectors, and software and technology companies which service those industries

§ Company is led by Peter Tom CBE as Chairman, and David Williams as Director, both of whom have substantial experience creating value through M&A growth strategies and proactive operational and strategic management

§ Initial placing substantially oversubscribed raising £7 million to support the Company's M&A search and diligence activities in pursuit of its first acquisition

§ London listing creates a platform for investments and acquisitions where the Directors believe shareholder value can be created through driving operational improvements and best practice to unlock revenue and cost synergies

Peter Tom CBE, Chairman, said:

"We believe there are excellent opportunities to create high-quality returns for investors by using our platform to buy and build businesses across a number of related sectors.

"The Bay Capital team has significant experience of implementing growth strategies, a disciplined acquisition approach and a high-quality network of partners and contacts through which we expect to source proprietary opportunities. We're a capable and experienced partner for incoming management teams and offer an attractive alternative supporting their growth.

"We are encouraged by the positive response we have received from investors, many of whom are enthusiastic about our plans and ready to support our growth strategy."

The Company's Prospectus is available to view on its website at: www.baycapitalplc.com.

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