Proposed sale of River Global AM to Liontrust

16 March 2026

River UK Micro Cap Limited

("Company")

Proposed sale of River Global's Asset Management business to Liontrust

In relation to the announcement this morning of the proposed acquisition of River Global Holdings Limited, the holding company of our Portfolio Manager, River Global Investors LLP, by Liontrust Asset Management Plc, the independent Board remains committed to the successful investment strategy that was put in place at IPO in 2014 and will update shareholders on the implications for the Company and its shareholders, should any transaction proceed.

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