REG - Bellevue Healthcare - Circular Publication and Notice of General Meeting

Bellevue Healthcare TrustAnnouncement

24/04/2025 07:15

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RNS Number : 0175G  Bellevue Healthcare Trust PLC  24 April 2025

Bellevue Healthcare Trust plc

Publication of a Circular and Notice of General Meeting

The Board of Bellevue Healthcare Trust plc (the "Company") announced on 23
April 2025 the introduction of a zero discount policy with the aim of the
policy being for the Company's share price to trade at or around the net asset
value per share in normal market conditions (the "Zero Discount Policy").

The Board announces that it is today publishing a shareholder circular (the
"Circular") which contains a notice of a general meeting (the "General
Meeting"), at which the Board is seeking Shareholders' approval to authorise
the Company to make purchases of its own shares in order to support the
continued operation of the Zero Discount Policy.

 

At the Company's 2025 annual general meeting (the "2025 AGM"), held on 23
April 2025, Shareholders granted the Company authority to buy back up to
36,246,425 Shares (representing approximately 14.99 per cent. of the issued
share capital of the Company (excluding treasury shares) as at the date of
the 2025 AGM). In order that the Company may continue to operate the Zero
Discount Policy once that authority has been fully utilised, the Board has
agreed that the Company should hold the General Meeting at which the Company
will seek further authority to make purchases of its own shares. Without this
additional authority, the Company may not have sufficient authority to
continue to purchase its own shares to support the Zero Discount Policy.

 

The General Meeting will be held at 24th Floor, The Shard, 32 London Bridge
Street, London SE1 9SG on 14 May 2025 at 9.00 a.m.

 

Please note that photo identification may be required to access the building
where the General Meeting is being held. If you are attending the General
Meeting in person, please ensure you have current photo identification with
you.

 

Timetable

 Latest time and date for receipt of proxy appointments  9.00 a.m. on 12 May 2025

 General Meeting                                         9.00 a.m. on 14 May 2025

 

 

A copy of the Circular will be submitted to the National Storage Mechanism
and will shortly be available for inspection
at https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism) .

 

The Circular and the Notice of the General Meeting will also be made
available shortly on the Company's website at www.bellevuehealthcaretrust.com
(http://www.bellevuehealthcaretrust.com) .

 

 

 

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