Last checked at 21 Jan 2021 12:20
Baillie Gifford European Growth Trust plc
Legal Entity Identifier: 213800QNN9EHZ4SC1R12
Annual General Meeting, 21 January 2021
All resolutions were passed at the Annual General Meeting of the Company held on 21 January 2021, including those detailed below:
Special Business
· Shareholders approved an ordinary resolution that each of the ordinary shares of 25p each of the Company be subdivided into ten ordinary shares of 2.50p each.
· Shareholders approved an ordinary resolution renewing the Directors' general authority to issue shares up to an aggregate nominal amount of £3,018,327 (being approximately one-third of the nominal value of the issued share capital as at 24 November 2020) and a special resolution to allot a limited number of shares for cash on a non pre-emptive basis up to £905,498 (being approximately 10% of the nominal value of the issued share capital as at 24 November 2020). These authorities will expire at the earlier of 20 April 2022 or at the conclusion of the next Annual General Meeting of the Company, unless previously varied, revoked or renewed.
· Shareholders approved a special resolution authorising the Company to buy-back its own shares up to a maximum of 14.99% of the Company's issued share capital, being 54,293,680 ordinary shares of 2.50p. This authority will expire at the conclusion of the AGM to be held in respect of the year ending 30 September 2021 unless previously varied, revoked or renewed.
· Shareholders approved a resolution that in accordance with Article 110 of the Company's Articles of Association fees paid to Directors will not exceed in aggregate £200,000 per annum.
Baillie Gifford & Co Limited
21 January 2021
Regulated Information Classification: Additional regulated information required to be disclosed under applicable laws