REG-Biotech Grw Tst PLC: Result of AGM

Biotech Growth TrustAnnouncement

19/07/2022 17:45

THE BIOTECH GROWTH TRUST PLC

(the “Company”)

Results of the Annual General Meeting

The Board is pleased to announce that at the Annual General Meeting (AGM) of
the Company held on Tuesday, 19 July 2022 all resolutions as detailed below
were duly passed by shareholders on a poll. 

 Resolutions                                                                                                                   Votes For     %    Votes Against    %    Total Votes Cast  Votes Withheld*  
 Ordinary Business                                                                                                                                                                                         
 1.To accept the audited financial statements and the Report of the Directors for the year ended 31 March 2022.               13,474,466  92.61%    1,074,666    7.39%     14,549,132          2,596       
 2.To approve the Directors’ Remuneration Report for the year ended 31 March 2022.                                            14,509,767  99.76%      34,232     0.24%     14,543,999          7,729       
 3.To elect Mr Roger Yates as a Director of the Company.                                                                      14,534,959  99.90%      13,850     0.10%     14,548, 809         2,919       
 4.To re-elect Dr Nicki Shepherd as a Director of the Company.                                                                14,413,348  99.07%     135,461     0.93%     14,548,809          2,919       
 5.To re-elect Mr Steve Bates as a Director of the Company.                                                                   14,411,834  99.06%     137,306     0.94%     14,549,140          2,588       
 6.To re-elect The Rt Hon Lord Willetts as a Director of the Company.                                                         14,022,147  96.38%     527,096     3.62%     14,549,243          2,485       
 7.To re-elect Mrs Julia Le Blan as a Director of the Company.                                                                14,410,635  99.04%     139,003     0.96%     14,549,638          2,090       
 8.To re-elect Mr Geoff Hsu as a Director of the Company.                                                                     13,465,835  92.56%    1,082,910    7.44%     14,548,745          2,983       
 9.To re-appoint BDO LLP as auditor and to authorise the Audit Committee to determine their remuneration.                     14,533,604  99.89%      15,880     0.11%     14,549,484          2,244       
 Special Business                                                                                                                                                                                          
 10.To authorise the Directors to allot securities in the Company.                                                            14,524,493  99.84%      22,980     0.16%     14,547,473          4,255       
 11#. To disapply the rights of pre-emption in relation to the allotment of securities.                                       14,506,576  99.72%      40,848     0.28%     14,547,424          4,304       
 12#. To authorise the Company to make market purchases of Ordinary shares in the Company.                                    14,537,072  99.94%      8,406      0.06%     14,545,478          6,250       
 13#. That the Directors be permitted to hold General Meetings (excluding the AGM) on not less than 14 clear days’ notice.    14,462,258  99.40%      86,586     0.60%     14,548,844          2,884       

# - Special Resolution

* Please note that a ‘vote withheld’ is not a vote in law and is not
counted in the calculation of the proportion of votes ‘For’ and
‘Against’ a resolution.

Any proxy votes which are at the discretion of the Chairman have been included
in the "For" total.

At the date of the AGM, the total number of Ordinary shares of 25p each in
issue and the total number of voting rights was 40,921,729.

The proxy voting figures will shortly also be available on the Company’s
website at www.biotechgt.com

In accordance with Listing Rule 9.6.2, the full text of the special business
resolutions passed has been submitted to the National Storage Mechanism and
will shortly be available for inspection at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism. The special business
resolutions will additionally be filed at Companies House.

19 July 2022

For further information please contact:

 Katherine Manson  Frostrow Capital LLP – Company Secretary    020 3709 8734  



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