TIDMINV

RNS Number : 6102D

Investment Company PLC

22 June 2023

22 June 2023

The Investment Company plc

(the "Company")

Prospectus Correction

It has come to our attention that the Prospectus, dated 9 June 2023, contained a typographical error in paragraph 2 of Part II: Investment Proposition. This point has been revised and restated below with the corrected sentence underlined. No other changes have been made.

   2                 Investment process, investment screening, project evaluation and sell discipline

The Proposed Manager intends to use a three-stage screening process to identify investable candidates. Firstly, it will filter all companies outside the FTSE 100 on AIM, the AQSE and the Main Market through a quantitative screening process to identify the financial characteristics it is looking for:

   --           adjusted net income to free cash flow of at least 70 per cent.; 
   --           revenue growth of at least 2.5 per cent.; 
   --           net debt to EBITDA less than 2x; 
   --           gross margin greater than 20 per cent.; and 
   --           working capital intensity less than 30 per cent.

Each company must meet at least 4 out of 5 criteria, but always meet the cash flow requirement.

Enquiries

 
 The Investment Company 
  Ian Dighé, Chairman              +44 (0) 20 3934 6630 
                                        info@theinvestmentcompanyplc.co.uk 
 
 Singer Capital Markets - Corporate 
  Broker                               +44 (0)20 7496 3000 
 James Moat / Alex Bond / James 
  Fischer 
 
 ISCA Administration Services 
  Limited 
  Company Secretary                    +44 (0) 1392 487056

LEI: 2138004PBWN5WM2XST62

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END

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June 22, 2023 06:01 ET (10:01 GMT)

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