| Breakdown | Sep 2025 | Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 155.78M | 220.19M | 143.78M | -105.09M | 201.31M |
| Gross Profit | 147.86M | 112.09M | 133.01M | -116.11M | 189.50M |
| EBITDA | -12.06M | 8.78M | 0.00 | 0.00 | 0.00 |
| Net Income | -13.88M | 108.18M | 128.86M | -118.74M | 196.61M |
Balance Sheet | |||||
| Total Assets | 1.26B | 1.62B | 1.86B | 1.87B | 2.10B |
| Cash, Cash Equivalents and Short-Term Investments | 5.11M | 14.64M | 17.43M | 7.83M | 22.53M |
| Total Debt | 29.20M | 29.20M | 36.70M | 36.70M | 36.70M |
| Total Liabilities | 33.77M | 33.20M | 41.57M | 41.93M | 38.57M |
| Stockholders Equity | 1.23B | 1.58B | 1.82B | 1.83B | 2.06B |
Cash Flow | |||||
| Free Cash Flow | 24.07M | 33.80M | 36.90M | 37.41M | 31.58M |
| Operating Cash Flow | 24.07M | 33.80M | 36.90M | 37.41M | 31.58M |
| Investing Cash Flow | 306.20M | 321.64M | 112.46M | 60.15M | -54.98M |
| Financing Cash Flow | -339.79M | -358.05M | -139.70M | -112.27M | 25.51M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | £606.27M | 5.68 | 31.19% | 8.73% | 7.71% | -7.39% | |
76 Outperform | £9.08B | 11.95 | 8.30% | 5.37% | 4.78% | -4.86% | |
74 Outperform | £962.37M | 8.25 | 7.11% | 2.70% | -4.38% | ― | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
67 Neutral | £7.45B | -11.73 | -49.24% | 7.48% | -34.62% | -19.20% | |
57 Neutral | ― | -91.81 | 2.38% | 2.46% | -102.67% | -121.30% | |
54 Neutral | £70.85M | 80.13 | 1.05% | 11.43% | -3.99% | -36.07% |
Finsbury Growth & Income Trust PLC has disclosed that its portfolio manager, Nick Train, has purchased 25,000 ordinary shares in the company at an average price of 776.7 pence per share. Following this transaction, Train’s total holding has risen to 5,810,280 ordinary shares, representing 5.02% of the company’s issued share capital, a move that underscores management’s confidence in the trust and may be viewed positively by existing and prospective shareholders as a signal of alignment with investor interests.
Finsbury Growth & Income Trust PLC has reported that, as at 31 January 2026, its issued share capital consists of ordinary shares of 25p each, with each share carrying one voting right, giving a total of 115,816,955 voting rights in the company. The trust also holds 109,174,348 ordinary shares in treasury, and it has confirmed that the stated total voting rights figure should be used by shareholders as the denominator when assessing whether they are required to disclose holdings or changes in holdings under the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules, providing clarity for investors and regulators on the company’s capital and governance structure.
Finsbury Growth & Income Trust PLC has repurchased 88,953 of its own ordinary shares at 775.49 pence per share, with the shares to be held in treasury rather than cancelled. Following this buyback, the trust now holds 109,174,348 shares in treasury and has 115,816,955 ordinary shares in issue that carry voting rights, a figure shareholders can use as the denominator for calculating their holdings under FCA disclosure and transparency rules, clarifying the current capital and voting structure of the company.
Finsbury Growth & Income Trust PLC has repurchased 140,796 of its own ordinary shares at 771.97 pence per share, with the shares to be held in treasury. Following the buyback, the company holds 109,085,395 shares in treasury, and the number of ordinary shares in issue excluding treasury shares – and therefore the total voting rights in the company – stands at 115,905,908, a figure shareholders can use when calculating their interests under FCA transparency rules.
Finsbury Growth & Income Trust PLC has bought back 32,583 of its own ordinary shares at 782.39 pence per share, with the repurchased stock being held in treasury. Following this transaction, the trust now holds 108,944,599 shares in treasury and has 116,046,704 ordinary shares in issue carrying voting rights, a figure the company highlighted as the new denominator for shareholders calculating their interests under FCA disclosure and transparency rules.
Finsbury Growth & Income Trust PLC has repurchased 150,000 of its ordinary shares at 788.74 pence per share, with the shares to be held in treasury. Following this buyback, the company now holds 108,912,016 shares in treasury and has 116,079,287 ordinary shares in issue carrying voting rights, a figure that shareholders can use when calculating their interests under FCA disclosure and transparency rules.
Finsbury Growth & Income Trust PLC has repurchased 59,332 of its ordinary shares at 805.21 pence per share, with the shares being placed into treasury rather than cancelled. Following this buyback, the trust now holds 108,762,016 ordinary shares in treasury and has 116,229,287 ordinary shares in issue excluding treasury, which also represents the updated total number of voting rights for shareholders to use in regulatory disclosure calculations under FCA transparency rules.
Finsbury Growth & Income Trust PLC has bought back 147,468 of its own ordinary shares at 812.80 pence per share, with the repurchased shares being held in treasury. Following this transaction, the trust now holds 108,702,684 shares in treasury and has 116,288,619 ordinary shares in issue carrying voting rights, a figure that will serve as the new reference denominator for shareholders’ disclosure of voting interests under FCA transparency rules.
Finsbury Growth & Income Trust PLC has repurchased 231,616 of its own ordinary shares at 817.23 pence per share, with the shares to be held in treasury rather than cancelled. Following this transaction, the trust now holds 108,555,216 shares in treasury and has 116,436,087 ordinary shares in issue carrying voting rights, a figure that will serve as the new reference point for shareholders calculating their interests under FCA disclosure and transparency rules.
Finsbury Growth & Income Trust PLC has repurchased 104,145 of its own ordinary shares at 818.18 pence per share, with the shares to be held in treasury rather than cancelled. Following this buyback, the company now holds 108,073,600 shares in treasury and has 116,917,703 ordinary shares in issue carrying voting rights, a figure that will serve as the new reference denominator for shareholders calculating their voting interests under FCA disclosure and transparency rules.
Finsbury Growth & Income Trust PLC has repurchased 177,009 of its own ordinary shares at 835.86 pence per share, with the shares to be held in treasury. Following this buyback, the trust now holds 107,839,420 shares in treasury, leaving 117,151,883 ordinary shares in issue and voting rights outstanding, a figure that will serve as the new reference denominator for shareholders monitoring their notifiable interests under FCA transparency rules.
Finsbury Growth & Income Trust PLC has repurchased 179,739 of its ordinary shares at 836.42 pence per share, with the shares to be held in treasury rather than cancelled. Following this buyback, the trust holds 107,662,411 shares in treasury and has 117,328,892 voting shares in issue, a figure shareholders are advised to use when calculating their interests under FCA disclosure and transparency rules, underscoring the company’s continued use of share repurchases as a capital management tool that may support net asset value and earnings per share for investors.
Finsbury Growth & Income Trust PLC has appointed Mary Beth (MB) Christie as an independent non-executive director with effect from 15 January 2026, strengthening the board with extensive experience in digital product, technology, data and operations across multiple sectors. Christie, who currently holds non-executive roles at MONY Group and Social Finance and serves as a trustee of the Internet Watch Foundation, will have her appointment put to shareholders for ratification at the company’s January 2027 AGM, a move that underscores the trust’s intent to deepen its governance and digital expertise as it navigates an increasingly technology-driven investment landscape.
Finsbury Growth & Income Trust PLC has repurchased 38,913 of its own ordinary shares at 830.85 pence per share, with the shares to be held in treasury rather than cancelled. Following this transaction, the trust now holds 107,482,672 shares in treasury and has 117,508,631 ordinary shares in issue carrying voting rights, a figure shareholders are advised to use when calculating their interests under FCA transparency rules, highlighting ongoing capital management and potential implications for the trust’s share liquidity and discount control.
Finsbury Growth & Income Trust PLC has repurchased 247,000 of its ordinary shares at 839.71 pence per share, with the shares to be held in treasury, in a move that can help manage its capital structure and potentially support the share price. Following this buyback, the company now holds 107,376,585 shares in treasury, and the number of shares in issue net of treasury holdings — and thus the total voting rights available to shareholders for regulatory disclosure purposes — stands at 117,614,718.
Finsbury Growth & Income Trust PLC has released its monthly fact sheet for 31 December 2025, providing updated portfolio and performance information for investors. The document, now available on the company’s website, offers shareholders and prospective investors greater transparency on the trust’s positioning and results at year-end, supporting informed decision-making and ongoing monitoring of the trust’s strategy and outcomes.
Finsbury Growth & Income Trust PLC has repurchased 200,000 of its own ordinary shares at 824.82 pence per share, with the shares to be held in treasury, a move that can support the trust’s share price and capital management strategy. Following this transaction, the trust now holds 107,101,056 shares in treasury and has 117,890,247 ordinary shares in issue carrying voting rights, a key figure for shareholders monitoring their interests under the FCA’s Disclosure Guidance and Transparency Rules.
Finsbury Growth & Income Trust PLC has disclosed that its portfolio manager, Nick Train, purchased 25,000 ordinary shares in the trust at an average price of 824 pence per share on 7 January 2026. Following this transaction, Train’s total holding has risen to 5,785,280 ordinary shares, representing approximately 4.9% of the company’s issued share capital, signalling a notable vote of confidence in the trust’s prospects from its key investment decision-maker.
Finsbury Growth & Income Trust PLC has repurchased 250,000 of its own ordinary shares at 823.44 pence per share, with the shares to be held in treasury rather than cancelled. Following this transaction, the trust now holds 106,656,056 shares in treasury and has 118,335,247 ordinary shares in issue carrying voting rights, a figure that will serve as the reference denominator for shareholders calculating their interests under FCA disclosure and transparency rules.
Finsbury Growth & Income Trust PLC has reported that, as of 31 December 2025, its issued share capital comprises ordinary shares of 25p each, with each share carrying one voting right, resulting in a total of 118,737,161 voting rights. The company also holds 106,254,142 ordinary shares in treasury, and this updated voting rights figure will serve as the reference denominator for shareholders to assess whether they must disclose changes in their holdings under the Financial Conduct Authority’s transparency rules, reinforcing regulatory compliance and clarity for investors.
Finsbury Growth & Income Trust PLC has repurchased 141,590 of its own ordinary shares at 824.59 pence per share, with the shares to be held in treasury rather than cancelled. Following this buyback, the trust holds 106,158,825 shares in treasury and has 118,832,478 ordinary shares in issue carrying voting rights, a figure that will serve as the new reference denominator for shareholders’ calculations of voting interests under FCA transparency rules.
Finsbury Growth & Income Trust PLC has repurchased 60,945 of its own ordinary shares at 822.14 pence per share, with the shares to be held in treasury. Following this buyback, the trust now holds 106,017,235 shares in treasury and has 118,974,068 voting shares in issue, a figure that will serve as the new reference point for shareholders’ calculations of voting rights under UK disclosure and transparency rules, reflecting ongoing active capital management by the trust.
Finsbury Growth & Income Trust PLC has repurchased 200,000 of its own ordinary shares at 820.75 pence per share, with the shares to be held in treasury, in a move that can support the share price and capital management strategy. Following this transaction, the trust now holds 105,956,290 shares in treasury and has 119,035,013 ordinary shares in issue carrying voting rights, a figure that will be used by shareholders for calculating voting interests under FCA disclosure and transparency rules.
Finsbury Growth & Income Trust PLC has repurchased 88,435 of its own ordinary shares at 827.89 pence per share, with the shares to be held in treasury rather than cancelled. Following this transaction, the trust now holds 105,756,290 shares in treasury and has 119,235,013 ordinary shares in issue carrying voting rights, a figure shareholders can use as the denominator when calculating their interests in accordance with UK disclosure and transparency rules.
Finsbury Growth & Income Trust PLC has repurchased 300,000 of its ordinary shares at 831.17 pence per share, with the shares to be held in treasury rather than cancelled, as part of its active capital management. Following the transaction, the trust now holds 105,667,855 shares in treasury, leaving 119,323,448 ordinary shares in issue and voting rights outstanding, a figure that will serve as the new reference denominator for shareholders’ disclosure of voting interests under FCA transparency rules and may influence liquidity and per-share metrics for existing investors.
Finsbury Growth & Income Trust PLC announced the purchase of 104,757 of its own shares at a price of 824.00 pence per share, which will be held in treasury. This transaction adjusts the total number of voting rights to 119,623,448, providing updated metrics for shareholder interest calculations, and reflects the company’s active approach to managing its equity structure.
Finsbury Growth & Income Trust PLC has announced the purchase of 152,271 of its own shares at a price of 823.72 pence per share, which will be held in treasury. This transaction increases the total number of treasury shares to 105,263,098, and adjusts the total number of voting rights to 119,728,205, impacting shareholder calculations in accordance with FCA rules.
Finsbury Growth & Income Trust PLC has announced the purchase of 113,998 of its own shares at a price of 813.38 pence per share, which will be held in treasury. This transaction increases the total number of treasury shares to 105,110,827 and adjusts the total voting rights to 119,880,476, impacting shareholder calculations of voting interests.
Finsbury Growth & Income Trust PLC has repurchased 500,000 of its own shares at 806.03 pence per share, which will be held in treasury. This transaction affects the total number of voting rights in the company, now standing at 119,994,474, and provides shareholders with a new denominator for calculating interests in voting rights as per FCA guidelines.
Finsbury Growth & Income Trust PLC has announced the purchase of 175,000 of its own shares at a price of 802.43 pence per share, which will be held in treasury. This transaction increases the total number of shares held in treasury to 104,496,829, leaving 120,494,474 shares with voting rights in circulation. Shareholders can use this figure for calculating their interests in the company’s voting rights, aligning with FCA’s regulations.
Finsbury Growth & Income Trust PLC has executed a market purchase of 200,000 of its own shares at a price of 804.86 pence per share, which will be held in treasury. This transaction adjusts the total number of voting rights in the company to 120,669,474, which shareholders can use for calculations of interests in accordance with regulatory guidelines.
Finsbury Growth & Income Trust PLC has executed a market purchase of its own shares, acquiring 258,906 Ordinary Shares at a price of 804.58 pence per share. These shares will be held in treasury, bringing the total number of shares in treasury to 104,121,829. Following this transaction, the total number of voting rights in the company is 120,869,474, which shareholders can use as a denominator for interest calculations in accordance with FCA rules.
Finsbury Growth & Income Trust PLC has announced the purchase of 129,000 of its own shares at a price of 816.00 pence per share, which will be held in treasury. This transaction increases the total number of shares held in treasury to 103,862,923, while the total number of voting rights stands at 121,128,380. This move allows shareholders to calculate their interests in the company’s voting rights, aligning with the FCA’s Disclosure Guidance and Transparency Rules.
Finsbury Growth & Income Trust PLC has announced the purchase of 10,316 of its own shares at a price of 815.00 pence per share, which will be held in treasury. This transaction increases the total number of shares held in treasury to 103,733,923, with the total number of voting rights in the company now standing at 121,257,380. This move may impact shareholder calculations of voting interests in line with the FCA’s Disclosure Guidance and Transparency Rules.
Finsbury Growth & Income Trust PLC announced that its portfolio manager, Nick Train, has purchased 25,000 ordinary shares of the company at an average price of 814.7 pence per share. This acquisition increases Mr. Train’s total holdings to 5,760,280 shares, representing 4.7% of the company’s issued share capital, potentially signaling confidence in the company’s future performance.
Finsbury Growth & Income Trust PLC has announced the purchase of 463,828 of its own shares at a price of 815.01 pence per share, which will be held in treasury. This transaction increases the total number of shares held in treasury to 103,723,607, leaving 121,267,696 shares with voting rights in circulation, which shareholders can use as a denominator for calculating their interests in the company’s voting rights.
Finsbury Growth & Income Trust PLC has executed a market purchase of 500,000 of its own shares at a price of 811.80 pence per share, which will be held in treasury. This transaction adjusts the total number of voting rights in the company to 121,731,524, providing shareholders with a new denominator for calculating their interests in accordance with regulatory guidelines.
Finsbury Growth & Income Trust PLC, a company involved in financial investments, has executed a market purchase of 500,000 of its own shares at a price of 817.20 pence per share. This transaction increases the total number of shares held in treasury to 102,759,779, leaving 122,231,524 shares with voting rights. This move may impact shareholder calculations regarding voting rights as per FCA’s rules.
Finsbury Growth & Income Trust PLC, a company involved in managing investment trusts, has announced its total voting rights and capital structure as of November 30, 2025. The company reported a total of 122,731,524 voting rights, with ordinary shares of 25p each, and 102,259,79 ordinary shares held in treasury. This information is crucial for shareholders to determine their notification requirements regarding their interest in the company’s voting rights, in compliance with the Financial Conduct Authority’s rules.
Finsbury Growth & Income Trust PLC has repurchased 500,000 of its own shares at a price of 819.39 pence per share, which will be held in treasury. This transaction adjusts the total number of voting rights to 122,731,524, providing shareholders with a new denominator for calculating their interests in the company’s voting rights.
Finsbury Growth & Income Trust PLC has announced the purchase of 500,000 of its own shares at a price of 813.01 pence per share, which will be held in treasury. This transaction increases the total number of treasury shares to 101,759,779, with the total number of voting rights now standing at 123,231,524. This move impacts shareholders’ calculations of interests in the company’s voting rights, aligning with the FCA’s Disclosure Guidance and Transparency Rules.
Finsbury Growth & Income Trust PLC announced the repurchase of 350,000 of its own shares at a price of 806.48 pence per share, which will be held in treasury. This transaction increases the total number of shares held in treasury to 101,259,779, and the total number of voting rights in the company now stands at 123,731,524, which shareholders can use for calculating interests in voting rights as per FCA guidelines.
Finsbury Growth & Income Trust PLC has conducted a market purchase of 349,000 of its own shares at a price of 807.65 pence per share. These shares will be held in treasury, bringing the total number of treasury shares to 100,909,779. This transaction affects the total number of voting rights in the company, which now stands at 124,081,524. Shareholders can use this figure for calculations of interests in the company’s voting rights in line with FCA’s Disclosure Guidance and Transparency Rules.
Finsbury Growth & Income Trust PLC has announced a market purchase of 346,000 of its own shares at a price of 802 pence per share, which will be held in treasury. This transaction increases the total number of treasury shares to 100,560,779 and leaves the company with 124,430,524 voting rights, which shareholders can use as a denominator for calculating their interests in accordance with regulatory guidelines.
Finsbury Growth & Income Trust PLC, a company involved in financial investments, announced the purchase of 345,000 of its own shares at 803.13 pence per share, which will be held in treasury. This transaction increases the total number of treasury shares to 100,214,779, while the total number of voting rights stands at 124,776,524, impacting shareholder calculations in accordance with FCA rules.
Finsbury Growth & Income Trust PLC has announced the purchase of 347,000 of its own shares at a price of 795.00 pence per share, which will be held in treasury. This transaction increases the total number of shares held in treasury to 99,869,779 and adjusts the total number of voting rights to 125,121,524, which shareholders can use for calculating interests in voting rights as per FCA guidelines.
Finsbury Growth & Income Trust PLC has announced the repurchase of 348,000 of its own shares at a price of 796.33 pence per share, which will be held in treasury. This transaction increases the total number of shares held in treasury to 99,522,779, leaving 125,468,524 shares with voting rights. This move is part of the company’s strategy to manage its share capital and potentially enhance shareholder value.
Finsbury Growth & Income Trust PLC has announced the purchase of 349,000 of its own shares at a price of 796.60 pence per share, which will be held in treasury. This transaction increases the total number of shares held in treasury to 99,174,779, and the total number of voting rights in the company is now 125,816,524, allowing shareholders to use this figure for calculating interests in the company’s voting rights.
Finsbury Growth & Income Trust PLC announced a transaction involving its Non-executive Director, Pars Purewal, and his spouse, Sally Cosgrove. They acquired 260 ordinary 25p shares through dividend reinvestment at a price of 791.3863 pence per share on the London Stock Exchange. This transaction reflects the director’s continued investment in the company, potentially signaling confidence in its future performance.
Finsbury Growth & Income Trust PLC announced a transaction involving Kate Cornish-Bowden, a Non-executive Director, who acquired 144 ordinary shares through dividend reinvestment at a price of 791.3863 pence per share. This transaction, conducted on the London Stock Exchange, reflects the company’s ongoing commitment to aligning management interests with shareholder value, potentially impacting its market perception positively.
Finsbury Growth & Income Trust PLC announced a transaction involving James Ashton, a Non-executive Director, who acquired 22 ordinary 25p shares through dividend reinvestment. The transaction was executed at a price of 798.95 pence per share on the London Stock Exchange on November 17, 2025. This acquisition reflects ongoing investment and confidence in the company’s growth prospects by its management.
Finsbury Growth & Income Trust PLC has repurchased 350,000 of its own shares at a price of 802.59 pence per share, which will be held in treasury. This transaction increases the total number of shares held in treasury to 98,825,779, and the total number of voting rights in the company is now 126,165,524, which shareholders can use for calculations of interests in the company’s voting rights according to FCA’s rules.
Finsbury Growth & Income Trust PLC has executed a market purchase of 247,000 of its own shares at a price of 807.25 pence per share, which will be held in treasury. This transaction adjusts the total number of voting rights to 126,515,524, a figure relevant for shareholders’ calculations of interests in the company’s voting rights in line with FCA’s rules.
Finsbury Growth & Income Trust PLC has repurchased 245,000 of its own shares at a price of 813.79 pence per share, which will be held in treasury. This transaction adjusts the total number of voting rights to 126,762,524, impacting shareholder calculations of interests in accordance with regulatory guidelines.
Finsbury Growth & Income Trust PLC, a company focused on growth and income investment strategies, has announced the purchase of 250,000 of its own shares at 824.67 pence per share. This transaction increases the total number of shares held in treasury to 97,983,779, while the total number of voting rights stands at 127,007,524. This move may impact shareholder calculations regarding voting rights and reflects the company’s ongoing financial strategies.
Finsbury Growth & Income Trust PLC has announced the repurchase of 250,000 of its own shares at a price of 829.55 pence per share. These shares will be held in treasury, bringing the total number of treasury shares to 97,733,779. This transaction impacts the total number of voting rights in the company, which now stands at 127,257,524. Shareholders can use this figure for calculations of interests in the company’s voting rights, in line with the FCA’s Disclosure Guidance and Transparency Rules.
Finsbury Growth & Income Trust PLC announced that at its recent General Meeting, shareholders approved a resolution to renew the company’s authority to repurchase its ordinary shares. This decision was made through a poll, with a significant majority voting in favor. The renewal of the share buy-back authority allows the company to continue its strategy of managing share capital effectively, which may impact the company’s market positioning and shareholder value.
Finsbury Growth & Income Trust PLC has announced the purchase of 170,000 of its own shares at a price of 821.20 pence per share, which will be held in treasury. This transaction increases the total number of shares held in treasury to 97,483,779, leaving 127,507,524 shares with voting rights. This move may affect shareholder calculations of voting interests according to FCA rules.
Finsbury Growth & Income Trust PLC has announced the purchase of 180,000 of its own shares at a price of 815.93 pence per share, which will be held in treasury. This transaction increases the total number of shares held in treasury to 97,313,779, while the total number of voting rights stands at 127,677,524, impacting shareholder calculations of voting interests.
Finsbury Growth & Income Trust PLC has announced the purchase of 170,000 of its own shares at a price of 832.45 pence per share, which will be held in treasury. This transaction increases the total number of shares held in treasury to 97,133,779 and leaves the company with 127,857,524 voting rights, a figure shareholders can use for calculating their interests in accordance with FCA rules.
Finsbury Growth & Income Trust PLC, a company involved in financial investments, has executed a transaction involving the repurchase of 140,000 of its own shares at a price of 856.21 pence per share. This transaction increases the total number of shares held in treasury to 96,963,779, leaving 128,027,524 shares with voting rights in circulation. This move is significant for shareholders as it affects the calculation of their interests in the company’s voting rights, in line with the FCA’s Disclosure Guidance and Transparency Rules.
Finsbury Growth & Income Trust PLC, a company involved in financial services, has executed a market purchase of 155,000 of its own shares at a price of 848.68 pence per share. These shares will be held in treasury, bringing the total number of treasury shares to 96,823,779. The transaction adjusts the total number of voting rights to 128,167,524, which shareholders can use for calculating their interests in the company’s voting rights.