QuotedData’s morning briefing 9 June 2025 – BGUK, PPET, GABI, GRP
In QuotedData’s morning briefing 9 June 2025,
- Baillie Gifford UK Growth Trust (BGUK) has published a circular in relation to a proposal for shareholders to approve the renewal of its share buyback authority at a general meeting to be held at 10am on 3 July 2025 at the offices of Baillie Gifford & Co in London. The Board believes the renewed authority will support its policy of maintaining a single-digit discount in normal market conditions, while also enhancing liquidity, reduce discount volatility, and deliver incremental value to shareholders by repurchasing shares at a discount to NAV.
- Patria Private Equity Trust (PPET) has announced that it will publish its interim results for the six months ended 31 March 2025 on Thursday 26 June 2025. An analyst webinar will be held on the morning of the results at 10am BST, hosted by Alan Gauld, senior investment director at Patria. Analysts wishing to attend should contact [email protected] for registration and further details.
- GCP Asset Backed Income (GABI) has announced that all resolutions put to its AGM, held on 6 June 2025, were duly passed, with a total of 110.8m proxy votes were cast. While almost all of the resolutions received strong support, the reappointment of Alex Ohlsson (GABI’s chair) as a director, saw a notable 19.65% of votes cast against – a level considered “significant” under the AIC Code of Corporate Governance. The Board has acknowledged this result and intends to engage with the shareholders who opposed the resolution to understand and address their concerns.
- Greencoat Renewables (GRP) has confirmed that its secondary listing on the Alternative Exchange (AltX) of the Johannesburg Stock Exchange (JSE) became effective this morning, 9 June 2025. The move follows the Company’s announcement on 19 May 2025 and marks a further step in expanding its investor base and deepening access to capital markets outside of Europe. The listing is expected to increase the visibility of Greencoat’s shares among South African institutional and retail investors. Greencoat’s shares remain primarily listed on Euronext Dublin, with a secondary listing on the London Stock Exchange.
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