Issue of Equity

RNS Number : 1377M

Standard Life UK Small.Co's Tst PLC

10 October 2016

 

10 October 2016

STANDARD LIFE UK SMALLER COMPANIES TRUST PLC

Issue of equity

The Board of Standard Life UK Smaller Companies Trust plc (the "Company") has today issued 378,514 Ordinary 25p Shares following elections by holders of the Company's 3.5% Convertible Unsecured Loan Stock 2018 ("CULS") to convert GBP 898,071 nominal of CULS. The Ordinary Shares, which were issued out of treasury, will rank pari passu with the existing Ordinary Shares.

The new shares will not qualify for the final dividend of 5.20p per share which is subject to shareholder approval at the AGM on 27 October 2016 and is payable on 3 November 2016.

Following this issuance there will be 67,748,564 Ordinary Shares, with voting rights, and GBP 15,378,741 nominal of CULS in issue. There will also be 3,878,611 shares held in treasury.

Maven Capital Partners UK LLP

Company Secretary

Tel. [phone]

 

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