Proposed Bonus Issue of Subsc

RNS Number : 4858S

Schroder UK Growth Fund PLC

19 May 2009

 



19 May 2009

PROPOSED BONUS ISSUE OF SUBSCRIPTION SHARES

The Board of Schroder UK Growth Fund plc (the 'Company') announces that it is considering proposals for a bonus issue of subscription shares to ordinary shareholders. Subscription shares confer the right (but not the obligation) to subscribe for ordinary shares and are qualifying investments for the purposes of stocks and shares ISAs and SIPPs. The Board believes that subscription shares represent an attractive way in which investors can participate in any future net asset growth of the Company through subscribing for ordinary shares. 

It is expected documents containing recommended proposals will be posted to shareholders in July 2009 with the report and accounts for the year ended 30 April 2009. A further announcement will be made in due course. 

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Enquiries: 

John Spedding Schroder Investment Management Limited	0207 658 3206
Katie Standley Winterflood Investment Trusts	020 3100 0297

 

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