Baillie Gifford China Grwth TrstPLC Publication of Circular (4898Q)

TIDMBGCG

RNS Number : 4898Q

Baillie Gifford China Grwth TrstPLC

26 February 2021

Baillie Gifford China Growth Trust plc (BGCG)

Legal Entity Identifier: 213800KOK5G3XYI7ZX18

Publication of a circular

In order to meet the continuing demand for shares in Baillie Gifford China Growth Trust plc (the "Company"), the Board of Directors of the Company (the "Board") is seeking shareholder approval to renew the authorities to allot shares in the capital of the Company and to disapply the statutory pre-emption rights on the issue of those shares.

Accordingly, the Company has today issued a circular convening a general meeting (the "General Meeting") to be held at 1.00 p.m. on 18 March 2021 at the offices of Baillie Gifford & Co, Calton Square, 1 Greenside Row, Edinburgh EH1 3AN.

At the General Meeting, three resolutions will be put to shareholders. An ordinary resolution will be proposed to give the Board authority to allot up to 20 per cent. of the aggregate nominal value of the issued share capital of the Company as at 24 February 2021. Two special resolutions will also be proposed, each to give the Board authority to disapply rights of pre-emption in respect of the issue of up to 10 per cent. of the aggregate nominal value of the issued share capital of the Company as at 24 February 2021. The Board believes that the authorities sought at the General Meeting will allow it to satisfy the continuing demand for shares in the period from the General Meeting to the Company's next annual general meeting.

The authorities conferred by the resolutions to be proposed at the General Meeting will lapse at the conclusion of the next annual general meeting of the Company.

A copy of the circular will shortly be available for inspection on the Company's website at https://www.bailliegifford.com/en/uk/individual-investors/funds/baillie-gifford-china-growth-trust and at the National Storage Mechanism which is located at https://data.fca.org.uk/#/nsm/nationalstoragemechanism .

Baillie Gifford & Co Limited

Managers and Company Secretaries

26 February 2021

For further information please contact:

Alex Blake

Baillie Gifford & Co

Tel: [phone]

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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

CIRSEISAMEFSESE

(END) Dow Jones Newswires

February 26, 2021 03:08 ET (08:08 GMT)