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

Bellevue Healthcare TrustAnnouncement

17/10/2025 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20251017:nRSQ7320Da&default-theme=true

RNS Number : 7320D  Bellevue Healthcare Trust PLC  17 October 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
115,841,187 Shares in aggregate and the Shares have traded at an average
discount to NAV of 2.2 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 29 September 2025 may have been fully utilised, the Board has agreed
that the Company should hold another General Meeting at 10.00 a.m. on 6
November 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 NSM Funds (UK) Limited,
46-48 James Street, London W1U 1EZ on 6 November 2025 at 10.00 a.m.

 

Timetable

 Latest time and date for receipt of proxy appointments  10:00 a.m. on 4 November 2025

 General Meeting                                         10.00 a.m. on 6 November 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  CIREAKEKFESSFFA



            Copyright 2019 Regulatory News Service, all rights reserved