Results of Scheme elections

Franklin Global Trust PLC

19 February 2026

 

19 February 2026

Franklin Global Trust plc

Legal Entity Identifier: 549300RKB85NFVSTBM94

Results of Scheme Elections

On 18 February 2026, the Board of Franklin Global Trust plc (the Company or FRGT) announced that Shareholders had approved the proposals for the scheme of reconstruction and members' voluntary winding-up of the Company under section 110 of the Insolvency Act 1986 (the Scheme) at the First General Meeting. Implementation of the Scheme remains subject to, among other things, Shareholder approval at the Second General Meeting to be held on 27 February 2026.

The Board is pleased to announce the following Elections in connection with the Scheme:

·      Rollover Option: 46,280,003 Shares / 96.3 per cent. of issued Shares (excluding Shares held in treasury); which will be reclassified as Reclassified Shares with "A" rights, being the right to receive New IGET Shares; and

·      Cash Option: 1,792,205 Shares / 3.7 per cent. of issued Shares (excluding Shares held in treasury); which will be reclassified as Reclassified Shares with "B" rights, being the right to receive cash.

In accordance with the Scheme, Eligible Shareholders that made no Election have been deemed to have elected for the Rollover Option.

Applications have been made to the FCA and to the London Stock Exchange for the Shares to be reclassified for listing purposes with effect from 8:00 a.m. on 26 February 2026. The listing of, and dealings in, the Company's Reclassified Shares are subsequently expected to be suspended at 7.30 a.m. on 27 February 2026.

Defined terms used in this announcement have the meanings given in the Company's circular to Shareholders dated 21 January 2026 (the Circular). The Circular 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 at https://www.franklinglobaltrust.com/.

Expected timetable

	2026
Calculation Date	5.00 p.m. on 20 February
Latest time and date for receipt of Forms of Proxy in respect of the Second General Meeting	10.00 a.m. on 25 February
Reclassification of the Ordinary Shares	26 February
Suspension of listing of Reclassified Shares	7.30 a.m. on 27 February
Second General Meeting	10.00 a.m. on 27 February
Appointment of the Liquidators	27 February
Effective Date for implementation of the Scheme	27 February
Announcement of the results of Elections, the FRGT FAV per Share, the Cash Pool FAV per Share, and the IGET FAV per Share	27 February
Admission and Dealings commence in, New IGET Shares	on or soon after 8.00 a.m. on 2 March
CREST accounts credited with New IGET Shares	as soon as reasonably practicable on 2 March
Certificates despatched in respect of New IGET Shares during or as soon as practicable after	no earlier than 10 Business Days from the Effective Date
Cheques despatched to Shareholders who elect for the Cash Option in accordance with their entitlements and CREST accounts credited with cash	On or as soon after 10 Business Days from the Effective Date
Cancellation of listing of Reclassified Shares	as soon as practicable after the Effective Date

Note: All references to time in this announcement are to UK time. Each of the times and dates in the above expected timetable (other than in relation to the General Meetings) may be extended or brought forward. If any of the above times and/or dates change, the revised time(s) and/or date(s) will be notified to Shareholders by an announcement through a Regulatory Information Service.

Enquiries:

Franklin Global Trust plc Christopher Metcalfe, Chair	c/o J.P. Morgan Cazenove
J.P. Morgan Cazenove (Sole Financial Adviser) William Simmonds Rupert Budge	[phone]

 

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