REG-Finsbury Growth & Income Trust PLC: Publication of Circular and Notice of General Meeting

Finsbury Growth & Income TrustAnnouncement

09/10/2025 07:02

 

Legal Entity Identifier: 213800NN4ZKX2LG1GQ40

 

9 October 2025

 

 

Finsbury Growth & Income Trust PLC

(the "Company")  

Publication of Circular and Notice of General Meeting

Renewal of share buy-back authority

The Board of Directors of the Company (the "Board") announces that it is today
publishing a Circular (the "Circular"), which contains a notice of a general
meeting (the "General Meeting"), at which the Board is seeking Shareholders'
approval to renew the Company's buy-back authority in order to support the
continued operation of the Company's buy-back policy. The General Meeting will
be held at 25 Southampton Buildings, London WC2A 1AL, at 10.00 a.m. on
Tuesday, 11 November 2025.

The Board's policy, within normal market conditions, is to buy-back Ordinary
Shares when the Company's share price discount to the NAV per Share approaches
5 per cent. (the "Buy-Back Policy"). Since the 2025 AGM, and as at the Latest
Practicable Date, the Company has bought back 18,028,824 Ordinary Shares for a
total consideration of £161,177,761 representing 13.7% per cent. of the
Existing Authority. To avoid a situation arising whereby the Existing
Authority is fully utilised prior to the Company's next annual general
meeting, resulting in the Board being unable to implement the Buy-Back Policy,
the Board believes that it is in the best interests of the Company and its
Shareholders for the buy-back authority to be renewed prior to the next annual
general meeting. Accordingly, the Board has convened the General Meeting in
order to seek the authority of Shareholders to renew the Company's authority
to make market purchases of Ordinary Shares.

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. The Circular and
the Notice of the General Meeting will also be available on the Company's
website at www.finsburygt.com.

Unless otherwise defined, all definitions used in this announcement will have
the same meaning as described in the Circular.

 

 

For Further Information, please contact

 

 Frostrow Capital LLP, Company Secretary Victoria Hale  +44 (0)20 3170 8732  

   

 

 

 



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