Six Monthly Tender Offer

RNS Number : 9006C

Standard Life UK Small.Co's Tst PLC

08 May 2012

 



8 May 2012

Standard Life UK Smaller Companies Trust PLC

6-monthly Tender Offer

In light of the Company's Ordinary shares trading, on average, at a discount of under 2% to net asset value per Ordinary share for the last 12 months and continuing to trade at a low discount, currently at 3.4% (7 May 2012), the Board intends to exercise its discretion not to conduct a tender offer at the 30 June 2012 tender date.

It remains the Board's intention to consider a regular tender offer at 6-monthly intervals and to offer shareholders the opportunity to tender their Ordinary shares where it is in their interests to do so. Accordingly, the next review by the Board will be in six months' time, prior to the 31 December 2012 date.

All Enquiries:

Gordon Humphries
Standard Life Investments Limited
Tel. [phone]

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