Result of General Meeting - proxy voting

RNS Number : 7474D

Standard Life UK Small.Co's Tst PLC

28 March 2011

 



28 March 2011

STANDARD LIFE UK SMALLER COMPANIES TRUST PLC

Result of General Meeting and Issue of CULS

The Special Resolution proposed at the General Meeting held today of Standard Life UK Smaller Companies Trust PLC (the "Company") to approve the issue of £25 million nominal of 3.5 per cent. convertible unsecured loan stock 2018 ("CULS") was passed.

The proxy votes received in respect of the Special Resolution at the General Meeting are shown in the following table:

	For (including discretionary)	Against	Votes Withheld
Authority to allot CULS and to disapply pre-emption rights	30,153,796	90,942	1,573,000

Accordingly £25 million nominal of CULS has been issued, subject to admission to the standard debt segment of the Official List and to trading on the London Stock Exchange's main market for listed securities. Admission is expected to take place, and dealings are expected to commence, at 8.00 a.m. on 29 March 2011.

Enquiries:

Gordon Humphries, Standard Life Investments Limited	Tel. [phone]
James Moseley/Robin Archibald Winterflood Securities	Tel. [phone]

The Special Resolution which was passed at the General Meeting will be submitted to the National Storage Mechanism ("NSM") and will shortly be available for inspection at www.hemscott.com/nsm.do*.

A summary of proxy votes received will be available on the Company's website at www.standardlifeinvestments.co.uk/its*.

*Neither the NSM website nor the Company's website nor the content of any website accessible from hyperlinks on those websites (or any other website) is (or is deemed to be) incorporated into, or forms (or is deemed to form) part of this announcement.

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