Gresham House Strategic : Notification of interest in shares – 9th February 2016

Rockwood Strategic plc is a United Kingdom-based investment trust. The Company invests in a focused portfolio of smaller United Kingdom public companies. The investment objective is to make investments capable of delivering 15% Internal Rates of Return (IRR) over the medium term. The strategy identifies undervalued investment opportunities, where the potential exists to improve returns and where the Company is benefitting, or will benefit, from operational, strategic or management changes. The purpose of the Company is to achieve predominantly capital growth in its shareholders' wealth over time. It aims to achieve this by using its closed-ended structure to invest in a concentrated number of smaller quoted companies, which the investment manager believes are undervalued and could be generating higher returns for their shareholders. It intends to invest the majority of its capital in a concentrated portfolio of up to 10 core investments. Its investment manager is Harwood Capital LLP.