Receipt of Medica proceeds
19 July 2023 Strategic Equity Capital plc Receipt of Medica proceeds The Board of Strategic Equity Capital plc (“SEC” or the “Company”) is pleased to announce that, following the announcement by portfolio company Medica Group PLC (“Medica”) that the scheme of arrangement implementing its acquisition by Moonlight Bidco Limited had become effective, it has received proceeds of £30.75 million, equating to a £12.95 million realised total return and generating a return of 1.67x aggregate historical cost. In accordance with the Company’s buyback policy, announced on 28 February 2022,