Plato Capital Limited Provides Further Confirmation of Financial Resources for Proposed Voluntary Delisting

Key Highlights from the Latest Company Announcement

• Plato Capital Limited (the “Company”) has confirmed it possesses sufficient financial resources to execute the Proposed Selective Capital Reduction, a critical step for its voluntary delisting.
• The confirmation comes from Donaldson & Burkinshaw LLP, the Company’s legal advisor for the transaction.
• The necessary funds cover both:
• The aggregate sum of the Cash Distribution to be returned to eligible shareholders.
• The aggregate sum of the Option Price payable to Option Holders upon acceptance of the Options Proposal.
• This financial assurance comes in addition to previous disclosures made in announcements dated 26 May 2025 and 5 September 2025.

Details Investors Should Note

• Shareholders will receive a Cash Distribution if the Proposed Selective Capital Reduction is approved and made effective.
• Option Holders are entitled to receive the Option Price should they accept the Options Proposal.
• The Company’s legal advisor has confirmed that the Company’s resources are adequate to meet all these obligations, mitigating concerns about funding risk.
• These confirmations further de-risk the Proposed Voluntary Delisting process, which may affect share price as investors react to the lower risk of non-completion or funding shortfall.
• No further regulatory approvals from the Singapore Exchange Securities Trading Limited (SGX-ST) are implied in this announcement; the announcement specifically states that the Exchange has not examined or approved the contents, and assumes no responsibility for their accuracy.
• The Company’s sponsor for this transaction is PrimePartners Corporate Finance Pte. Ltd.

Potential Price-Sensitive Information

The confirmation of sufficient financial resources removes a significant potential hurdle to the Proposed Selective Capital Reduction and voluntary delisting. This development provides further clarity and certainty on the execution of the transaction, which could have a direct impact on the Company’s share price as it reduces execution risk for investors.

Shareholders and Option Holders are advised to monitor further announcements closely, as the completion of the Proposed Selective Capital Reduction would directly affect their shareholdings and entitlements.

Key Contacts

For further queries, shareholders may contact Ms Foo Jien Jieng at PrimePartners Corporate Finance Pte. Ltd., 16 Collyer Quay, #10-00 Collyer Quay Centre, Singapore 049318, or via email at [email protected].

Disclaimer: This article is based on official company announcements. It does not constitute investment advice or a recommendation to buy or sell any securities. Investors are advised to make their own independent evaluations and consult their professional advisers before making any investment decisions. The Singapore Exchange Securities Trading Limited (SGX-ST) has not reviewed or approved the contents of this article.

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