3 September 2021

Eight Capital Partners plc

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

 Launch of €25million 4.8% Fixed Rate Five-Year listed Bonds

Eight Capital Partners plc (AQSE: ECP), whose strategy focuses on working with, and investing in, technology, media, telecoms and financial services businesses including listed investing companies, is pleased to announce the launch of €25 million 4.8% Fixed Rate Five-Year Bonds ("the New Bonds") which are to be listed on the Vienna Stock Exchange. 

The terms of the New Bonds are as follows:

-     issue price and redemption at par;

-     interest of 4.8% per annum paid quarterly in arrears;

-     issue date of 3 September 2021 with a redemption date of 2 September 2026;

-     admission to trading on the Vienna MTF as Eight Capital Partners EUR 25.000.000 4.8% 09/2026

As announced recently in the RNS of 25 August 2021, the Company is seeking to expand its balance sheet by raising new equity capital and the issue of other securities by the Company in stages, in the short-term. The creation of the New Bonds is an important step in the delivery of this strategy. As it moves forward, other developments may include an equity placing via an open offer to all shareholders. Warrants and / or other securities may also be included in the capital raise.

It is expected that the New Bonds will in part be used to refinance some of the Company's 7% bond  that was announced on 29 July 2019, launched to raise up to €5 million, of which a total of €3.99 million has been issued to date, with a maturity of 26 July 2022 and which is listed on the Vienna Stock Exchange.

To enable the creation of the New Bonds, an initial tranche of €50,000 has been subscribed in cash at par value by Trumar Capital LLC ("Trumar"), a substantial shareholder of the Company controlled by ECP's Chairman Dominic White.  The initial tranche of the New Bonds is to be admitted to trading on the Vienna Stock Exchange on its multilateral trading facility with effect from today, Friday 3 September 2021.

Commenting on the New Bond issue, ECP's Chairman, Dominic White, said: "The Company has been successful in creating and utilising debt instruments to raise finance.  These instruments are useful to help build scale; it can prove challenging for small companies to raise meaningful sums through equity alone.  This bond issue is the next step towards enlarging the Company's balance sheet, and it provides better medium-term visibility since our existing listed bonds approach maturity in 2022.  Over the coming months, I am expecting ECP to be offering shareholders, historic bondholders and private creditors, the opportunity to subscribe for new ordinary shares or listed debt in the Company."

Trumar, a Company beneficially owned by Dominic White, a director of the Company, is a substantial shareholder of the Company. Pursuant to AQSE Rule 4.6, the subscription for the Bonds by Trumar therefore constitutes a related party transaction.

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.

About Eight Capital Partners:

Eight Capital Partners plc is an international company whose strategy focuses on owning and working with technology, media, telecoms and financial services businesses, including both privately-owned and listed entities. It has recently refined its strategy to focus increasingly upon those businesses engaged in "Fintech" operations, from the digitisation of banking services, through to blockchain-backed decentralised finance companies and "crypto banks".

ECP provides equity, debt, and equity-related investment capital to companies seeking capital for growth and development, consolidation or acquisition, or pre-IPO financing. The Company seeks to generate an attractive rate of return for shareholders, predominantly through capital appreciation, by maximising the revenues, profits and value of its operating subsidiaries, and taking advantage of the increasing number of acquisition opportunities within the continuously developing global technology, media, telecoms and financial services sectors.

www.eight.capital

About Eight Capital Partners' wholly owned subsidiaries

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/

Innovative Finance:

Innovative Finance is a corporate finance advisory business that develops mergers and acquisitions and financing solutions across multiple sectors, primarily in Europe, with access to international transactions.  It is currently working on transactions in the USA and Europe which are linked to technological developments in the financial services industry, AI, Cybersecurity, Ecommerce and Cannabis.

www.innovfinance.com