Redemption of Ordinary Shares

RNS Number : 0828E

Miton UK MicroCap Trust plc

01 July 2019

 

1 July 2019 MITON UK MICROCAP TRUST PLC (the "Company") REDEMPTION OF ORDINARY SHARES Further to the announcement made on 26th June, notifying shareholders of the intention to create additional  distributable reserves by way of cancellation of the Company's share premium account, and the subsequent announcement on 28th June setting out the redemption price, the Company announces that it has today published a shareholder circular (the "Circular") to convene a general meeting (the "General Meeting") to be held on 23 July 2019. As previously announced the purpose of the meeting is to help facilitate the cancellation of the Company's share premium account, in order to create sufficient distributable reserves to satisfy redemption requests in full under the 2019 Redemption Facility. The expected timetable is as follows: 2019 General Meeting Directions hearing 9.00 a.m. on 23 July 31 July Confirmation hearing 13 August Cancellation of share premium account effective Redemption and cancellation of Ordinary Shares the subject of valid Redemption Requests Payment in respect of redemption and cancellation of Ordinary Shares the subject of valid Redemption Requests dispatched As soon as practicable after 13 August On or around 15 August On or around 15 August Full details of the resolutions to be voted on by shareholders of the Company at the General Meeting, to be held at 9.00 a.m. on 23 July 2019, at the offices of Stephenson Harwood LLP, 1 Finsbury Circus, London, EC2M 7SH, are contained within the Circular. Copies of the Circular will shortly be available for inspection at the Company's registered office (Beaufort House, 51 New North Road, Exeter, EX4 4EP) and via the Company's website (www.mitongroup.com/micro). The Circular will also shortly be available via the National Storage Mechanism (www.morningstar.co.uk/uk/NSM). LEI: 21380048Q8UABVMAG916 Enquiries: Miton UK MicroCap Trust plc Gervais Williams Martin Turner David Barron  Tel: [phone] Peel Hunt LLP Luke Simpson Tel: [phone]

 

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