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First Rock Capital Holdings Limited Ordinary Share Buyback

Please be advised that at a meeting of the Board of Directors of First Rock Capital Holdings Limited (FCH) on February 23, 2022, a resolution was passed by the Board for FCH to execute an open market share buyback programme of the Company’s ordinary shares not to exceed 10% of the Company’s capital. This exercise is to commence within the first quarter of 2022. 

The programme is intended to be used as a tool for FCH to unlock shareholder value over time, and will be funded by cash on the Company’s balance sheet. The execution of the programme will be communicated to the market in due course.