Final Conversion of the Conti

RNS Number : 4893S

Standard Life UK Small.Co's Tst PLC

19 May 2009

 



Standard Life UK Companies Smaller Companies Trust PLC (the 'Company')

19 May 2009

The Company announces that, in accordance with the prospectus and the circular published in December 2008, and further to the announcement made on 6 May 2009, the Company will make its second and final conversion of Continuation Shares into new Ordinary Shares at 8.00 am on 11 June 2009.  For the purposes of the conversion, the record date and time will be 6.00 pm on 10 June 2009 and the new Ordinary Shares will be credited to the account and registered in the names of those Continuation Share shareholders on the register of members as at 6.00 pm on 10 June 2009.  The calculation, for the purposes of the conversion ratio, will be based on the net asset values of the Company's assets as at close of business on 29 May 2009, the last business day in May.

No transfer of certificated Continuation Shares will be registered after 6.00 pm on 10 June 2009. CREST transfers of Continuation Shares instructed prior to 6.00 pm on 10 June 2009, but settling after 10 June  2009, will be registered but the transferee will receive new Ordinary Shares.  

The conversion does not affect trading in, or transfers of, existing Ordinary Shares.  

An announcement will be made of the conversion ratio in due course.

All enquiries

Jane Lewis, Winterflood Investment Trusts.
Tel. [phone]

Gordon Humphries, Standard Life Investments
Tel. [phone]

 

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