Borrowing Facilities

Summary by AI ^BETAClose X

Aberforth Smaller Companies Trust plc has successfully refinanced its unsecured committed Revolving Credit Facility, increasing it from £130 million to £150 million for a further three years, effective from 15 June 2026, with an expiry date of 15 June 2029, bearing interest at a margin of 1.35 percentage points over the relevant reference rate. The company also maintains its existing £20 million overdraft facility with Northern Trust for short-term working capital needs.

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Aberforth Smaller Companies Trust plc (the "Company")

Borrowing Facilities

The Board of Aberforth Smaller Companies Trust plc announces that the Company has refinanced the existing unsecured committed Revolving Credit Facility with The Royal Bank of Scotland International Limited in the amount of £150m, increased from £130m, for a further three years, effective from 15 June 2026. The facility will bear interest at a margin of 1.35 percentage points over the relevant reference rate and is due to expire on 15 June 2029.

In addition, the Company continues to benefit from the existing overdraft facility with Northern Trust, the Company's custodian, in the amount of £20m for short term working capital requirements.

Aberforth Partners LLP, Secretaries

Telephone: 0131 220 0733

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