6 May 2020 

Highcroft Investments PLC ("Highcroft" or the "Company")

Posting of Annual Report and Accounts for year ended 31 December 2019, Notice of Annual General Meeting ("AGM"), Incentive Plan Share Award, PDMR Dealing and Total Voting Rights

Posting of Annual Report and Accounts and Notice of AGM

The Company confirms that the following documents have today been posted or otherwise made available to shareholders on its investor website (www.highcroftplc.com/investor-information):

·      Annual Report and Accounts for the financial year ended 31 December 2019; and

·      Notice of Annual General Meeting ("AGM"), dated 5 May 2020 and to be held on 10 June 2020.

In accordance with Listing Rule 9.6.1R, copies of each of these documents will today be submitted to the National Storage Mechanism and will shortly be available for inspection at: http://www.morningstar.co.uk/uk/NSM.     

As a result of the current public health guidance in connection with the global COVID-19 pandemic, the AGM will be convened with the minimum necessary quorum of three shareholders.  Other shareholders will not be able to attend the AGM in person and those that attend the venue will be refused entry on the grounds of safety. The board recognises that the AGM is an important event for all shareholders and is keen to ensure that shareholders are able to exercise their right to vote notwithstanding the restrictions on attendance in person. Therefore, we strongly encourage shareholders to consider ensuring their vote is counted by voting electronically or by submission of a proxy form in accordance with the instructions set out in the Notice of AGM.  Although this outcome is undesirable, the directors of the Company believe that, in the current circumstances, there is no alternative to ensure the health, safety and security of attendees and to allow the business of the AGM to be transacted. We will continue to monitor the situation and the latest available public health guidance and will provide updates in relation to our AGM on our website as and when necessary.  Should you wish to raise any questions ahead of the AGM please do so via email to the company secretary at agm@highcroftplc.com.

Incentive Plan Share Award and PDMR Dealing   

The Company announces that on 6 May 2020 Simon Gill, Chief Executive, was awarded 4,309 ordinary shares of 25 pence each in the capital of the Company ("Ordinary Shares") and Roberta Miles, Finance Director, was awarded 3,626 Ordinary Shares in connection with the Highcroft Incentive Plan ("HIP").

Application has been made for the admission to trading of the 7,935 new Ordinary Shares, which will rank pari passu in all respects with the Company's existing Ordinary Shares, on the Main Market of the London Stock Exchange and to listing on the Official List of the UKLA, with dealings expected to commence on or around 12 May 2020.

Following the issue of Ordinary Shares, Simon Gill's shareholding in the Company is 4,309 Ordinary Shares and Roberta Miles' shareholding in the Company is 9,576 Ordinary Shares, representing 0.08 per cent. and 0.19 per cent. respectively.

 Total Voting Rights

Following the issue of the new Ordinary Shares the total number of Ordinary Shares in issue is 5,175,175.

Therefore, the total number of Ordinary Shares with voting rights is 5,175,175 which may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure Transparency Rules.

For further information, contact:

Highcroft Investments PLC

Charles Butler / Roberta Miles

01865 840023

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them