Shore Capital Group Limited : Tender Offer

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, INTO ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION

Shore Capital Group Limited

("Shore Capital" or the "Company")

Tender offer to purchase up to 9.91 per cent. of the issued Shares at the Tender Price for each Share for an aggregate gross consideration of up to £10,000,000

Notice of General Meeting

Shore Capital is pleased to announce that a circular has today been posted to Shareholders, setting out the terms of a Tender Offer for up to 9.91 per cent. of the issued share capital of the Company at a price of £4.175 per share. A tender offer form, a form of proxy and a notice of a General Meeting to be held at 2.00 pm on 3 November 2015 at Martello Court, Admiral Park, St Peter Port, Guernsey GY1 3HB, have also been dispatched. The latest time and date for returning the form of proxy is 2.00 pm on 30 October 2015.

On 30 September 2015, the Board of Shore Capital announced in its Interim Results for the six months ended 30 June 2015, that the Company intended to return capital of £10 million to Shareholders. As a result of the Tender Offer each Shareholder is entitled to tender 9.91 per cent. of their shares (their "Entitlement") and the Tender Offer will also present tendering Shareholders with an opportunity to sell more than their Entitlement to the extent that other shareholders tender less than their Entitlement. It is intended that the Shares purchased under the Tender Offer will be cancelled and not available for re-issue.

The Tender Offer is subject to the relevant resolution (to be proposed at the General Meeting) being passed. Subject to the resolution being passed, payment is expected to be dispatched on or prior to 13 November 2015.

Copies of the circular, tender offer form and form of proxy will shortly be available on the Company's website at www.shorecap.gg.

The definitions used in this announcement have the same meaning as they have in the circular.

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Enquiries:

Shore Capital Howard Shore, Executive Chairman Lynn Bruce, Director	+44 (0) 20 7468 7911 +44 (0) 1481 728 902
Grant Thornton UK LLP (Nominated Adviser) Philip Secrett Melanie Frean Jamie Barklem	+44 (0) 20 7383 5100
RBC Capital Markets (Broker) Josh Critchley Oliver Hearsey	+44 (0) 20 7653 4000
Bell Pottinger (Public Relations) Olly Scott Zoe Pocock	+44 (0) 20 3772 2500

About Shore Capital

Shore Capital is an AIM quoted independent investment group. Founded and owned by entrepreneurs, for three decades Shore Capital has been helping entrepreneurial businesses reach their full potential, find committed long term investors and develop into significant enterprises. The business offers innovative corporate advice; a leading market-making business; some of the most respected investment research available in the UK; and a diverse range of high quality investment opportunities, including its hugely successful VCTs and principal finance activities.

The Group is based in Guernsey, London, Liverpool, Edinburgh and Berlin. Shore Capital Stockbrokers Limited, Shore Capital and Corporate Limited, Shore Capital Limited and Puma Investment Management Limited are each authorised and regulated by the Financial Conduct Authority. Shore Capital Stockbrokers Limited is a member of the London Stock Exchange.