March 27, 2025

Sygnus Real Estate Finance Limited (SRF) has advised that on March 19, 2025 (“Issue Date”), the Company allotted 20,707,342 SRFJMD ordinary shares to a connected party in lieu of cash for outstanding performance fees.

SRF further advised that as part of the transaction and to minimize dilution to existing shareholders, 20,707,342 subscription warrants have been issued to shareholders on record as of the Issue Date.

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