Holding(s) in Company

BLACKROCK SMALLER COMPANIES TRUST PLC

LEI: 549300MS535KC2WH4082

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB0006436108

Issuer Name

BLACKROCK SMALLER COMPANIES TRUST PLC

UK or Non-UK Issuer

UK

2. Reason for Notification

An acquisition or disposal of voting rights; An acquisition or disposal of financial instruments

3. Details of person subject to the notification obligation

Name

Saba Capital Management, L.P.

City of registered office (if applicable)

New York

Country of registered office (if applicable)

United States

4. Details of the shareholder

Name	City of registered office	Country of registered office
Saba Capital R Fund, Ltd		Cayman Islands
IMAP Cayman SBA LP		Cayman Islands
Saba Capital Matador Fund, Ltd		Cayman Islands
Saba Capital CEF Special Opportunities Master Fund 2, Ltd		Cayman Islands
Saba Capital CEF Special Opportunities Master Fund 1, Ltd		Cayman Islands
Saba Capital CEF Opportunities 2, Ltd		Cayman Islands
Saba Capital Income & Opportunities Fund		United States
Saba Capital Bluebird Fund, Ltd		Cayman Islands
Saba Capital Arcadia Master Fund, Ltd.		Cayman Islands

5. Date on which the threshold was crossed or reached

11-Nov-2023

6. Date on which Issuer notified

13-Nov-2023

7. Total positions of person(s) subject to the notification obligation

.	% of voting rights attached to shares (total of 8.A)	% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)	Total of both in % (8.A + 8.B)	Total number of voting rights held in issuer
Resulting situation on the date on which threshold was crossed or reached	3.494800	7.689000	11.183800	5396625
Position of previous notification (if applicable)	3.500000	6.700000	10.200000

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached

8A. Voting rights attached to shares

Class/Type of shares ISIN code(if possible)	Number of direct voting rights (DTR5.1)	Number of indirect voting rights (DTR5.2.1)	% of direct voting rights (DTR5.1)	% of indirect voting rights (DTR5.2.1)
GB0006436108	1686326	0	3.494800	0.000000
Sub Total 8.A	1686326		3.494800%

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

Type of financial instrument	Expiration date	Exercise/conversion period	Number of voting rights that may be acquired if the instrument is exercised/converted	% of voting rights
Sub Total 8.B1

8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))

Type of financial instrument	Expiration date	Exercise/conversion period	Physical or cash settlement	Number of voting rights	% of voting rights
Total Return Swap	08/17/2024		Cash	3710299	7.689000
Sub Total 8.B2				3710299	7.689000%

9. Information in relation to the person subject to the notification obligation

2. Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entities (please add additional rows as necessary)

Ultimate controlling person	Name of controlled undertaking	% of voting rights if it equals or is higher than the notifiable threshold	% of voting rights through financial instruments if it equals or is higher than the notifiable threshold	Total of both if it equals or is higher than the notifiable threshold
Boaz Weinstein	Saba Capital Management GP, LLC
Saba Capital Management GP, LLC	Saba Capital Management, LP			11.184100%

10. In case of proxy voting

Name of the proxy holder

The number and % of voting rights held

The date until which the voting rights will be held

11. Additional Information

12. Date of Completion

13. Place Of Completion

New York, NY

Contact name:	Graham Venables for and on behalf of BlackRock Investment Management (UK) Limited Company Secretary
Contact Telephone Number:	0203 649 3432
Date:	14 November 2023

---

3875623_0.png

---