author: "Ciara McKillop | PraxisIFM"
date: 2025-05-28 14:25:00+00:00
processor: python-docx+mammoth
status: success
BELLEVUE HEALTHCARE TRUST PLC
COMPANY No: 10415235
COMPANY LIMITED BY SHARES
INCORPORATED UNDER THE COMPANIES ACT 2006
This is to confirm that at the General Meeting of Bellevue Healthcare Trust plc, duly convened and held on the 8th day of December 2025, the following resolution was passed.
Special resolution
That, in substitution for any existing authority, but without prejudice to the exercise of any authority prior to the date hereof, the Company be and is hereby generally and unconditionally authorised in accordance with section 701 of the Companies Act 2006 (the “Act”) to make market purchases (within the meaning of section 693(4) of the Act) of its ordinary shares of 1 penny each in the capital of the Company, provided that:
- the maximum number of ordinary shares hereby authorised to be purchased shall be 14,587,037 or, if different, such number as represents 14.99 per cent. of the Company’s issued ordinary share capital (excluding shares held in treasury) at the date of the passing of this resolution;
- the minimum price (exclusive of any expenses) which may be paid for an ordinary share is 1p;
- the maximum price (excluding expenses) which may be paid for an ordinary share is not more than the higher of: (i) an amount equal to 5 per cent. above the average of the middle market quotations for an ordinary share for the five business days immediately before the day on which it purchases that share; and (ii) the higher of the price of the last independent trade and the highest current independent bid for the ordinary shares;
- the authority hereby conferred shall expire at the conclusion of the annual general meeting of the Company to be held in 2026 or, if earlier, on the expiry of 15 months from the passing of this resolution, unless such authority is renewed prior to such time; and
- the Company may make a contract to purchase ordinary shares under the authority hereby conferred prior to the expiry of such authority, which will or may be executed wholly or partly after the expiration of such authority and may make a purchase of ordinary shares pursuant to any such contract as if the authority hereby conferred had not expired.