The Biotech Growth Trust PLC - Result of AGM
(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,
______________________________________________________________________________ | | | | | | |Votes | |Resolutions |Votes For|% |Votes Against|% |Total Votes Cast| | | | | | | | |Withheld*| |________________|_________|_____|_____________|____|________________|_________| |1. To receive | | | | | | | |the audited | | | | | | | |financial | | | | | | | |statements and | | | | | | | |the Report of |9,341,023|99.97|2,814 |0.03|9,343,837 |1,848 | |the Directors | | | | | | | |for the year | | | | | | | |ended 31 March | | | | | | | |2024. | | | | | | | |________________|_________|_____|_____________|____|________________|_________| |2. To approve | | | | | | | |the Directors' | | | | | | | |Remuneration |9,297,309|99.58|39,122 |0.42|9,336,431 |9,254 | |Report for the | | | | | | | |year ended 31 | | | | | | | |March 2024. | | | | | | | |________________|_________|_____|_____________|____|________________|_________| |3. To elect | | | | | | | |Hamish Baillie |9,326,509|99.85|14,088 |0.15|9,340,597 |5,088 | |as a Director of| | | | | | | |the Company. | | | | | | | |________________|_________|_____|_____________|____|________________|_________| |4. To re-elect | | | | | | | |Geoff Hsu as a |9,324,487|99.83|16,110 |0.17|9,340,597 |5,088 | |Director of the | | | | | | | |Company. | | | | | | | |________________|_________|_____|_____________|____|________________|_________| |5. To re-elect | | | | | | | |Julia Le Blan as|9,092,656|97.35|247,840 |2.65|9,340,496 |5,188 | |a Director of | | | | | | | |the Company. | | | | | | | |________________|_________|_____|_____________|____|________________|_________| |6. To re-elect | | | | | | | |Dr Nicki | | | | | | | |Shepherd as a |9,096,040|97.38|244,456 |2.62|9,340,496 |5,188 | |Director of the | | | | | | | |Company. | | | | | | | |________________|_________|_____|_____________|____|________________|_________| |7. To re-elect | | | | | | | |The Rt Hon Lord | | | | | | | |Willetts as a |9,049,367|96.89|290,754 |3.11|9,340,121 |5,563 | |Director of the | | | | | | | |Company. | | | | | | | |________________|_________|_____|_____________|____|________________|_________| |8. To re-elect | | | | | | | |Roger Yates as a|8,825,220|94.48|515,276 |5.52|9,340,496 |5,188 | |Director of the | | | | | | | |Company. | | | | | | | |________________|_________|_____|_____________|____|________________|_________| |9. To re-appoint| | | | | | | |BDO LLP as | | | | | | | |auditor and to | | | | | | | |authorise the |8,257,243|99.88|9,687 |0.12|8,266,930 |1,078,755| |Audit Committee | | | | | | | |to determine | | | | | | | |their | | | | | | | |remuneration. | | | | | | | |________________|_________|_____|_____________|____|________________|_________| |10. To authorise| | | | | | | |the Directors to|9,321,581|99.79|19,686 |0.21|9,341,267 |4,418 | |allot securities| | | | | | | |in the Company. | | | | | | | |________________|_________|_____|_____________|____|________________|_________| |11#. To disapply| | | | | | | |the rights of | | | | | | | |pre-emption in |9,306,351|99.62|35,636 |0.38|9,341,987 |3,698 | |relation to the | | | | | | | |allotment of | | | | | | | |securities. | | | | | | | |________________|_________|_____|_____________|____|________________|_________| |12#. To | | | | | | | |authorise the | | | | | | | |Company to make | | | | | | | |market purchases|9,333,066|99.93|6,671 |0.07|9,339,737 |5,948 | |of Ordinary | | | | | | | |shares in the | | | | | | | |Company. | | | | | | | |________________|_________|_____|_____________|____|________________|_________| |13#. That the | | | | | | | |Directors be | | | | | | | |permitted to | | | | | | | |hold General | | | | | | | |Meetings |9,311,567|99.66|31,809 |0.34|9,343,376 |2,309 | |(excluding the | | | | | | | |AGM) on not less| | | | | | | |than 14 clear | | | | | | | |days' notice. | | | | | | | |________________|_________|_____|_____________|____|________________|_________|
# - 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 32,887,198.
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 10 to 13 will additionally be filed at
For further information please contact:
Katherine Manson Frostrow Capital LLP - Company Secretary 020 3709 8734
