Six monthly Tender Offer

RNS Number : 3835H

Standard Life UK Small.Co's Tst PLC

27 May 2011

 



27 May 2011

Standard Life UK Smaller Companies Trust PLC

6-monthly Tender Offer

In light of the Company's ordinary shares trading, on average, at a small premium to net asset value for the last six months, the Board intends to exercise its discretion and not conduct a tender offer at the 30 June 2011 tender date.

It remains the Board's intention to maintain the regular tender at 6 monthly intervals, and to offer shareholders the opportunity to tender their shares where it is in their interest to do so. The next review should therefore be in six months time, and the unused amount of the 30 June tender offer will be carried forward and added to any tender offer held at the 31 December tender date.

Since 5 May 2011 the Company has issued 675,000 ordinary shares at a small premium to net asset value.

All Enquiries:

Gordon Humphries
Standard Life Investments Limited
Tel. [phone]

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