REG - Scot.American Inv. - Replacement - Result of AGM

Scottish American InvestmentAnnouncement

17/04/2026 17:00

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RNS Number : 9980A  Scottish American Investment Co PLC  17 April 2026

The following amendments have been made to the Result of AGM announcement
released on 17/04/2026 at 15:58 under RNS No 9947A.

 

The date of the Annual General Meeting should read 17 April 2026.  The year
under the second bullet point should read 2027.

 

All other details remain unchanged.

 

The full amended text is shown below.

 

 

 

The Scottish American Investment Company P.L.C. (SAIN)

 

Legal Entity Identifier: 549300NF03XVC5IFB447

ISIN: GB0007873697

Annual General Meeting

17 April 2026

 At the Annual General Meeting held on 17 April 2026 all resolutions were
passed, including those detailed below:

 

·    Shareholders approved an ordinary resolution renewing the Directors'
general authority to issue shares up to an aggregate nominal value of
£13,457,925.75 (representing approximately 33% of the Company's total issued
share capital as at 16 February 2026) and a special resolution to renew the
Directors' authority to allot a limited number of shares for cash on a non
pre-emptive basis up to an aggregate nominal value of £4,078,159.25
(representing approximately 10% of the Company's total issued share capital as
at 16 February 2026). Both authorities will expire at the conclusion of the
Annual General Meeting of the Company to be held in 2027 or on 17 July 2027
whichever is the earlier, unless previously renewed, revoked or varied.

·    Shareholders approved a special resolution renewing the Company's
authority to make market purchases of up to 14.99% of the Company's issued
share capital, being 23,644,682 ordinary shares of 25p. The Company's
authority permits it to hold shares bought back 'in treasury'. Such treasury
shares may subsequently be either sold for cash or cancelled. The authority
will expire at the conclusion of the Annual General Meeting of the Company to
be held in 2027, unless previously varied, revoked or renewed.

 

The following levels of proxy appointments and associated instructions were
received prior to the meeting:

 Resolution  Votes for (including votes at the discretion of the Chairman)  Votes Against  Votes Withheld

 1           47,478,425                                                     124,770        57,160
 2           46,729,644                                                     664,323        266,388
 3           46,761,334                                                     638,898        26,123
 4           47,531,460                                                     63,657         65,238
 5           47,016,759                                                     482,319        161,277
 6           47,003,819                                                     516,768        139,768
 7           47,000,044                                                     526,367        133,944
 8           46,963,772                                                     506,914        189,669
 9           46,961,315                                                     502,184        196,856
 10          47,221,613                                                     315,315        123,427
 11          47,255,766                                                     34,009         60,580
 12          47,054,764                                                     425,635        179,956
 13          47,013,338                                                     440,308        206,709
 14          45,730,386                                                     1,828,238      101,731
 15          47,084,195                                                     408,664        167,496

 

The full text of all the resolutions can be found in the Notice of Annual
General Meeting contained in the Annual Report and Financial Statements which
is available for viewing at the National Storage Mechanism at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism) .

 

Baillie Gifford & Co Limited

Company Secretaries

17 April 2026

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

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