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Capital Gearing Trust P.l.c. shareholders passed a special resolution at a General Meeting held on 28 April 2026. This renews the Company's authority to buy back up to 14.99% of its issued share capital, equating to 2,351,519 Ordinary Shares, with 97.35% of the 4,471,147 total votes cast being in favour.
Disseminated via PRN on 28 April 2026
Capital Gearing Trust P.l.c.
(the “Company”)
Result of General Meeting
Renewal of share buy-back authority
28 April 2026
Legal Entity Identifier: 213800T2PJTPVF1UGW53
Following a General Meeting of the Company held today, the Board is pleased to announce that the special resolution seeking the approval of Shareholders to renew the Company’s authority to buy back up to 14.99 per cent. of the Company’s issued share capital (excluding Treasury shares), was passed on a show of hands.
The proxy voting figures are shown below:
|
Special Resolution |
Votes For |
% |
Votes Against |
% |
Total Votes Cast (excl. votes withheld) |
Votes Withheld |
|
1. Repurchase of the Company’s own shares |
4,352,724 |
97.35 |
118,423 |
2.65 |
4,471,147 |
6,042 |
Notes:
Any proxy votes which are at the discretion of the Chair have been included in the "for" total. A vote withheld is not a vote in law and is not counted in the votes for or against a resolution.
At the date and time of the General Meeting, the total number of Ordinary Shares of 25p each in issue (excluding shares held in Treasury) was 15,687,252. The passing of the special resolution has authorised the Company to buy back up to 2,351,519 Ordinary Shares.
The proxy voting figures will shortly be available on the Company's website at www.capitalgearingtrust.com .
The full text of the special resolution passed has been submitted to the National Storage Mechanism and will shortly be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism .
The special resolution will additionally be filed with Companies House.
The full text of the resolution can be found in the Notice of General Meeting contained in the Circular dated 2 April 2026 (the “Circular”), which is available for viewing at the National Storage Mechanism which can be located at https://data.fca.org.uk/#/nsm/nationalstoragemechanism and on the Company’s website, www.capitalgearingtrust.com . Capitalised terms used in this announcement shall, unless the context otherwise requires, bear the meanings given to them in the Circular.
For further information please contact:
Frostrow Capital LLP - Company Secretary
Alison Vincent
0203 709 2481
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