15 October 2026
Software Circle plc
("Software Circle", the "Company" or the "Group")
Share Premium Cancellation effective
Software Circle plc (AIM: SFT) announces that the cancellation of the Company's share premium account (the "Share Premium Cancellation") has now become effective.
Following the sanction by the High Court of England and Wales (the "Court") of the Share Premium Cancellation on 6 October 2026, the order of the Court confirming the Share Premium Cancellation and a statement of capital approved by the Court were registered by the Registrar of Companies on 8 October 2026.
Details of the Share Premium Cancellation were set out in the explanatory circular dated 7 August 2026, and the Share Premium Cancellation was approved by the shareholders of the Company at its Annual General Meeting on 2 September 2026. The effect of the Share Premium Cancellation is to create approximately £25.6m of distributable reserves in the accounts of the Company. As a result of the Share Premium Cancellation, future cash generated by the Company will be available for the purposes of paying dividends or making share buybacks should circumstances dictate it appropriate or desirable to do so.
The Share Premium Cancellation does not affect the rights attached to the Ordinary Shares and there is no change in the number of Ordinary Shares in issue (or their nominal value).
For further information:
Software Circle plc
Gavin Cockerill (CEO) via investors@softwarecircle.com
Allenby Capital Limited (Nominated Adviser and broker) 0203 328 5656
David Hart / Liz Kirchner (Corporate Finance)
Joscelin Pinnington / Amrit Nahal (Sales and Corporate Broking)
Notes to editors:
Software Circle plc (AIM: SFT) has a mission: to be a leading serial acquirer and operator of Vertical Market Software businesses in the UK and Ireland — a permanent home for software leaders, teams, and customers. These are mission-critical systems, deeply embedded in the day-to-day workflows of users.
We help founders find the right exit strategy, acquiring businesses at appropriate valuations, supporting their organic growth over time, and reinvesting the free cash flow they generate into further value-accretive opportunities. We are building a group that gives shareholders diversified exposure to these software businesses, with discipline, alignment, and operational know-how.
Software Circle continues operations in an independent, decentralised way, and maintains the entrepreneurial spirit and culture that exists in the businesses acquired, enabling organic growth to be driven. Our goal is to create an environment where motivated teams can do their best work for the benefit of the most important stakeholder: the end customer.
For more information visit www.softwarecircle.com.
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