REG - Baillie Gifford UK - Results of General Meeting

Baillie Gifford UK Growth TrustAnnouncement

04/07/2025 12:30

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RNS Number : 8464P  Baillie Gifford UK Growth Trust PLC  04 July 2025

 

Baillie Gifford UK Growth Trust plc (BGUK)

Legal Entity Identifier: 549300XX386SYWX8XW22

Additional regulated information required to be disclosed under applicable law

Results of General Meeting

At a General Meeting ('GM') held on 3 July 2025 shareholders approved the
following special resolution:

THAT, in substitution for any existing authority but without prejudice to the
exercise of any such authority to the date hereof, the Company be and is
hereby generally and unconditionally authorised, pursuant to and in accordance
with section 701 of the Companies Act 2006 (the Act) to make market purchases
(within the meaning of section 693(4) of the Act) of fully paid ordinary
shares of 25 pence each in the capital of the Company (Ordinary Shares)
(either for retention as treasury shares for future reissue, resale, transfer
or cancellation), provided that:

 

a)         the maximum aggregate number of ordinary shares hereby
authorised to be purchased is 19,153,529, or, if less, the number representing
approximately 14.99 per cent. of the issued ordinary share capital of the
Company as at the date of the passing of this Resolution;

 

b)         the minimum price (excluding expenses) which may be paid for
each ordinary share is 25 pence;

 

c)         the maximum price (excluding expenses) which may be paid for
each ordinary share shall not be more than the higher of:

5 per cent. above the average closing price on the London Stock Exchange of an
ordinary share over the five business days immediately preceding the date of
purchase; and

an amount equal to the higher of the price of the last independent trade of an
Ordinary Share and the highest current independent bid for an Ordinary Share
on the trading venue where the purchase is carried out; and

 

d)         unless previously varied, revoked or renewed by the Company
in a general meeting, the authority hereby conferred shall expire at the
conclusion of the annual general meeting of the Company to be held in respect
of the year ending 30 April 2025, save that the Company, may, prior to such
expiry, enter into a contract to purchase Ordinary Shares under such authority
which will or might be completed or executed wholly or partly after the
expiration of such authority and may make a purchase of Ordinary Shares
pursuant to any such contract.

The resolution was passed on a poll. A breakdown of the votes registered is
shown below:

 Resolution  Votes for (including votes at the discretion of the Chairman)  %       Votes Against  %      Votes Withheld

 1           54,828,885                                                     95.98%  2,295,108      4.02%  6,200

 

 

 

 

 

 

Baillie Gifford & Co Limited

Company Secretaries

4 July 2025

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