I messaged BG regarding the proposed GM and potential issue of 20pc new stock. My query was around the timeline of events, in the event of a yes vote. So length of time between yes vote and issue.
Response was as follows;
"The meeting that is being held is to give authority for the company to issue shares if it needs to, there is not a set timetable for this. The company would only issue shares if the price was at a premium to Net Asset Value and there is demand that cannot be met in the secondary market.
I hope this is helpful, if we can assist you further, please contact us on 0800 917 2112 or at trustenquiries@bailliegifford.com."