Reduction in Gearing

RNS Number : 7449G

JPMorgan European Smaller Co.

17 May 2011

 



LONDON STOCK EXCHANGE ANNOUNCEMENT

JPMORGAN EUROPEAN SMALLER COMPANIES TRUST PLC

REDUCTION IN GEARING

JPMorgan European Smaller Companies Trust plc announces that by Monday 16th May 2011, it had reduced its gearing level from 17% on 31st March to approximately 0%, following a strong run by European smaller companies.

17th May 2011

For further information, please contact:

Jonathan Latter

For and on behalf of

JPMorgan Asset Management (UK) Limited - Secretary

020 7742 6000

 

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