Replacement - Result of AGM

Scottish American Investment Co PLC

17 April 2026

 

The following amendments have been made to the Result of AGM announcement released on 17/04/2026 at 15:58 under RNS No 9947A.

The date of the Annual General Meeting should read 17 April 2026.  The year under the second bullet point should read 2027.

All other details remain unchanged.

The full amended text is shown below.

The Scottish American Investment Company P.L.C. (SAIN)

Legal Entity Identifier: 549300NF03XVC5IFB447

ISIN: GB0007873697

Annual General Meeting

17 April 2026

 At the Annual General Meeting held on 17 April 2026 all resolutions were passed, including those detailed below:

·    Shareholders approved an ordinary resolution renewing the Directors' general authority to issue shares up to an aggregate nominal value of £13,457,925.75 (representing approximately 33% of the Company's total issued share capital as at 16 February 2026) and a special resolution to renew the Directors' authority to allot a limited number of shares for cash on a non pre-emptive basis up to an aggregate nominal value of £4,078,159.25 (representing approximately 10% of the Company's total issued share capital as at 16 February 2026). Both authorities will expire at the conclusion of the Annual General Meeting of the Company to be held in 2027 or on 17 July 2027 whichever is the earlier, unless previously renewed, revoked or varied.

·    Shareholders approved a special resolution renewing the Company's authority to make market purchases of up to 14.99% of the Company's issued share capital, being 23,644,682 ordinary shares of 25p. The Company's authority permits it to hold shares bought back 'in treasury'. Such treasury shares may subsequently be either sold for cash or cancelled. The authority will expire at the conclusion of the Annual General Meeting of the Company to be held in 2027, unless previously varied, revoked or renewed.

The following levels of proxy appointments and associated instructions were received prior to the meeting:

Resolution	Votes for (including votes at the discretion of the Chairman)	Votes Against	Votes Withheld
1	47,478,425	124,770	57,160
2	46,729,644	664,323	266,388
3	46,761,334	638,898	26,123
4	47,531,460	63,657	65,238
5	47,016,759	482,319	161,277
6	47,003,819	516,768	139,768
7	47,000,044	526,367	133,944
8	46,963,772	506,914	189,669
9	46,961,315	502,184	196,856
10	47,221,613	315,315	123,427
11	47,255,766	34,009	60,580
12	47,054,764	425,635	179,956
13	47,013,338	440,308	206,709
14	45,730,386	1,828,238	101,731
15	47,084,195	408,664	167,496

The full text of all the resolutions can be found in the Notice of Annual General Meeting contained in the Annual Report and Financial Statements which is available for viewing at the National Storage Mechanism at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

Baillie Gifford & Co Limited

Company Secretaries

17 April 2026

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

 

END