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Baillie Gifford European Growth Trust PLC on Wednesday said its net asset value increased after an upward revaluation of its holding in Bending Spoons Spa. The investment trust said its net asset value stood at 112.55 pence per share at the close of business on June 9, reflecting an increase in the valuation of Bending Spoons in line with its policy for valuing private company investments. Following the adjustment, Bending Spoons represented 11.8% of the trust’s total assets as at June 9, up from 9.7% at May 31. Baillie Gifford said the revaluation was based on its established approach to assessing the value of private company holdings. Shares in Baillie Gifford European Growth Trust were up 2.4% at 105.00 pence in London on Wednesday afternoon. Copyright 2026 Alliance News Ltd. All Rights Reserved.
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