Vector Capital plc

("Vector Capital" or the "Company")

Result of Tender Offer, Total Voting Rights

and

Directors' interests

Vector Capital announces the results of its Tender Offer, details of which are set out in the Circular published on 2 August 2024.

The Tender Offer closed at 1.00 p.m. on 3 September 2024 and valid tenders were received in respect of 10,460,746 Ordinary Shares, representing approximately 23.12 per cent. of the issued share capital of Vector Capital as at 31 July 2024 (being the latest practicable date prior to publication of this announcement). Subject to the remaining Tender Conditions described in paragraph 2 of Part V of the Circular being satisfied, the 10,460,746 Ordinary Shares validly tendered are expected to be purchased on 10 September 2024, at the Tender Price of 33 pence per Ordinary Share. Following which the Ordinary Shares validly tendered and purchased by the Company, will be cancelled, with effect from 10 September 2024 ("Cancellation").

CREST accounts will be credited with Tender Offer proceeds on 10 September 2024. On 10 September 2024 cheques will be despatched for Tender Offer proceeds in respect of successfully tendered certificated Ordinary Shares and the balance of share certificates in respect of unsold certificated Ordinary Shares will be despatched.

Total Voting Rights

Following the closing of the Tender Offer and the Cancellation referred to above, on 13 September 2024, the Company will have 34,783,639 Ordinary Shares in issue with no Ordinary Shares held in treasury. Therefore, the total number of voting rights in the Company will be 34,783,639 which may be used by Shareholders as the denominator in the calculations by which they may determine if they are required to notify their interest, or a change to their interest, in the Company under the FCA's Disclosure Guidance and Transparency Rules.

Directors' and PDMR participation in Tender

Certain Directors' and persons discharging managerial responsibilities ("PDMR") have validly tendered their Ordinary Shares pursuant to the Tender Offer. Details of which are set out below:

Directors' interests

Following the purchase of the Ordinary Shares validly tendered and the Cancellation, on 13 September 2024, the interests of each Director and each PDMR will be as set out below:

*Agam Jain - 22,055,898 Ordinary Shares

Arti Jain - 6,778,806 Ordinary Shares

Pooja Jain - 5,165,296 Ordinary Shares

The Company is scheduled to have its trading in its shares on AIM cancelled with effect from 7.00am on 16 September 2024.

Defined Terms

Defined terms in this announcement have the same meaning as in the Circular (unless otherwise specified).

For further information please contact:

Vector Capital plc

Robin Stevens

Agam Jain
c/o IFC Advisory Limited

Zeus Capital Limited

Hugh Morgan, Darshan Patel
+44 (0) 20 3829 5000

IFC Advisory Limited

Graham Herring, Florence Chandler, Zach Cohen

+44 (0) 20 3934 6630

About Vector Capital:

Vector Capital provides secured, business-to-business loans to SMEs based principally in England and Wales. Loans are typically secured by a first legal charge against real estate. The Group's customers typically borrow for general working capital purposes, bridging ahead of refinancing, land development and property acquisition. The loans provided by the Group are typically for renewable 12-month terms with fixed interest rates.

The information contained within this announcement is deemed to constitute inside information as stipulated under Article 7 of the Market Abuse Regulations (EU) No. 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018.