- 18,600£
- 0,98%
Legal Entity Identifier:5493003YBCY4W1IMJU04
15 May 2026
Worldwide Healthcare Trust PLC
(the "Company")
Publication of Circular and Notice of General Meeting
Renewal of share buy-back authority
The Board of Directors of the Company (the "Board") announces that it is today
publishing a Circular (the "Circular"), which contains a notice of a general
meeting (the "General Meeting"), at which the Board is seeking Shareholders'
approval to renew the Company's buy-back authority in order to support the
continued operation of the Company's buy-back policy. The General Meeting will
be held at 25 Southampton Buildings, London WC2A 1AL, at 1.00 pm on Tuesday, 2
June 2026.
The Board's policy is to buy back the Company's shares if the share price
discount to the NAV per Share exceeds 6 per cent. on an ongoing basis (the "Buy
-Back Policy"). Since the 2025 General Meeting, and as at the Latest
Practicable Date, the Company has bought back 42,169,795 Ordinary Shares for a
total consideration of £150.3m representing 69 per cent. of the Existing
Authority. To avoid a situation arising whereby the Existing Authority is fully
utilised prior to the Company's next annual general meeting, resulting in the
Board being unable to implement the Buy-Back Policy, the Board believes that it
is in the best interests of the Company and its Shareholders for the buy-back
authority to be renewed prior to the next annual general meeting. Accordingly,
the Board has convened the General Meeting in order to seek the authority of
Shareholders to renew the Company's authority to make market purchases of
Ordinary Shares.
A copy of the Circular will be submitted to the National Storage Mechanism and
will shortly be available for inspection
athttps://data.fca.org.uk/#/nsm/nationalstoragemechanism. The Circular and the
Notice of the General Meeting will also be available on the Company's website
athttps://www.worldwidewh.com/.
Unless otherwise defined, all definitions used in this announcement will have
the same meaning as described in the Circular.
For Further Information, please contact
Frostrow Capital LLP, Company Secretary +44 (0)203 008 4913
Mark Pope
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