REG-The Biotech Growth Trust Plc: Result of AGM

Biotech Growth TrustAnnouncement

27/07/2023 16:45

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 Thursday, 27 July 2023 all resolutions as detailed below
were duly passed by shareholders on a poll. 

 Resolutions                                                                                                                                                                                    Votes For   %      Votes Against  %     Total Votes Cast  Votes Withheld*  
 1. To accept the audited financial statements and the Report of the Directors for the year ended 31 March 2023.                                                                                11,114,133  99.99  1,298          0.01  11,115,431        4,561            
 2. To approve the Directors' Remuneration Report for the year ended 31 March 2023.                                                                                                             11,060,592  99.58  46,591         0.42  11,107,183        12,809           
 3. To approve the Directors' Remuneration Policy as set out on page 64 of the Annual Report for the year ended 31 March 2023.                                                                  11,056,570  99.54  50,613         0.46  11,107,183        12,809           
 4. To re-elect Steve Bates as a Director of the Company.                                                                                                                                       10,959,335  98.60  156,096        1.40  11,115,431        4,561            
 5. To re-elect Geoff Hsu as a Director of the Company.                                                                                                                                         11,108,767  99.94  6,664          0.06  11,115,431        4,561            
 6. To re-elect Julia Le Blan as a Director of the Company.                                                                                                                                     10,950,996  98.52  164,435        1.48  11,115,431        4,561            
 7. To re-elect Dr Nicki Shepherd as a Director of the Company.                                                                                                                                 10,536,007  98.24  188,924        1.76  10,724,931        395,061          
 8. To re-elect The Rt Hon Lord Willetts as a Director of the Company.                                                                                                                          9,871,903   92.04  853,447        7.96  10,725,350        394,642          
 9. To re-elect Roger Yates as a Director of the Company.                                                                                                                                       10,945,135  98.47  170,296        1.53  11,115,431        4,561            
 10. To re-appoint BDO LLP as auditor and to authorise the Audit Committee to determine their remuneration.                                                                                     11,076,784  99.68  35,132         0.32  11,111,916        8,076            
 11. To approve and adopt the amended investment policy as the investment policy of the Company in substitution for, and to the exclusion of, all previous investment policies of the Company.  11,103,500  99.97  3,556          0.03  11,107,056        12,936           
 12. To authorise the Directors to allot securities in the Company.                                                                                                                             11,079,561  99.68  35,870         0.32  11,115,431        4,561            
 13#. To disapply the rights of pre-emption in relation to the allotment of securities.                                                                                                         11,068,162  99.58  47,108         0.42  11,115,270        4,722            
 14#. To authorise the Company to make market purchases of Ordinary shares in the Company.                                                                                                      11,084,178  99.71  32,169         0.29  11,116,347        3,645            
 15#. That the Directors be permitted to hold General Meetings (excluding the AGM) on not less than 14 clear days' notice.                                                                      11,090,838  99.78  24,538         0.22  11,115,376        4,616            

# - 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 37,247,029.

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 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. Resolutions 11 to 15
will additionally be filed at Companies House.

27 July 2023

For further information please contact:

 Katherine Manson  Frostrow Capital LLP - Company Secretary  020 3709 8734  



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