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

Bellevue Healthcare TrustAnnouncement

Yesterday 10:15

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250912:nRSL1616Za&default-theme=true

RNS Number : 1616Z  Bellevue Healthcare Trust PLC  12 September 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 has published 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.

 

Since 23 April 2025, being the date on which the Zero Discount Policy was
introduced, to the Latest Practicable Date, the Company has repurchased
102,398,853 Shares in aggregate and the Shares have traded at an average
discount to NAV of 1.9 per cent.

 

In order that the Company may continue to operate the Zero Discount Policy
once the authority to repurchase its own Shares taken at the general meeting
held on 12 August 2025 may have been fully utilised, the Board has agreed that
the Company should hold another General Meeting at 9.00 a.m. on 29 September
2025 at which the Company will seek further renewal of the authority to make
purchases of its own Shares. Without this further authority, the Company may
not have sufficient authority remaining to continue to purchase its own Shares
to support the Zero Discount Policy.

 

The General Meeting will be held at the offices of Stephenson Harwood LLP,
1 Finsbury Circus, London EC2M 7SH on 29 September 2025 at 9.00 a.m.

 

Timetable

 Latest time and date for receipt of proxy appointments  9.00 a.m. on 25 September 2025

 General Meeting                                         9.00 a.m. on 29 September 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) .

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  CIREANNAFFESEEA