REG - Edinburgh Worldwide - Cancellation of Share Premium Account

Edinburgh Worldwide Investment TrustAnnouncement

21/02/2025 11:15

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RNS Number : 0596Y  Edinburgh Worldwide Inv Trust PLC  21 February 2025

Edinburgh Worldwide Investment Trust plc

(the Company)

Legal Entity Identifier: 213800JUA8RKIDDLH380

21 February 2025

 

 

Cancellation of share premium account

Following the approval of shareholders on 18 December 2024 and the granting of
an order following a final hearing in the Court of Session of Scotland (the
Court) approving the cancellation of the share premium account (the Order),
the Company is pleased to confirm that the Order has been registered at
Companies House together with a statement of capital approved by the Court.

Therefore all procedural steps required in connection with the cancellation
have now been completed with £499.7 million being credited to a distributable
reserve of the Company.

Jonathan Simpson-Dent, Chair of the Company, said "Shareholders endorsed
Edinburgh Worldwide at our General Meeting and AGM last week. Today's increase
in distributable reserves completes another important milestone for the Trust
and the Board is now developing plans for a capital return of up to £130m
which will be announced in due course."

 

Baillie Gifford & Co Limited

Company Secretary

21 February 2025

 

Regulated Information Classification: Additional regulatory information
required to be disclosed under applicable laws and regulations.

 

For further information please contact:

 

Investors:

Deutsche Numis

Nathan Brown

David Benda

Tel: +442072601275

 

Baillie Gifford & Co

Tel 0131 275 2000

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