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Troy Income & Growth Trust plc announced on March 15, 2024, the results of shareholder elections concerning the proposed combination of its assets with STS Global Income & Growth Trust plc through a scheme of reconstruction and members' voluntary liquidation. Shareholders elected or were deemed to have elected for the Rollover Option with 163,842,843 Shares and the Cash Option with 68,632,644 Shares.
| Date | 15 Mar 2024 |
| Time | 16:44:53 |
| Category | Miscellaneous |
| ID | 1161H |
To: RNS
From: Troy Income & Growth Trust plc
LEI: 213800HLNMQ1R6VBLU75
Date: 15 March 2024
TROY INCOME & GROWTH TRUST PLC
Result of Elections
In connection with the proposals for a combination of the assets of the Troy Income & Growth Trust plc (the "Company") with STS Global Income & Growth Trust plc ("STS") by means of a scheme of reconstruction and members' voluntary liquidation of the Company under section 110 of the Insolvency Act 1986 (the "Scheme"), the Board of the Company announces that the following elections (including deemed elections) have been received in connection with the Scheme:
· Rollover Option: 163,842,843 Shares.
· Cash Option: 68,632,644 Shares.
In accordance with the Scheme, Shareholders that made no Election have been deemed to have elected for the Rollover Option.
Capitalised terms used but not defined in this announcement will have the same meaning as set out in the Circular dated 23 February 2024.
All enquiries
Juniper Partners Limited (Company Secretary)
Tel: 0131 378 0500