Chelverton Small Div Issue of Equity

 
TIDMSDV 
 
Chelverton Small Companies Dividend Trust PLC 
 
Issue of Ordinary Shares and Total Voting Rights 
 
The Directors of Chelverton Small Companies Dividend Trust PLC are pleased to 
announce the issue of 175,000 ordinary shares of 25 pence each ("Ordinary 
Shares") (the "New Shares") at a price of 263.50 pence per share (the "Issue 
Price"), conditional upon Admission. The closing mid-market price of the 
Ordinary Shares as at 9 October 2017 was 263.75 pence and it was noted that the 
Issue Price was not dilutive to net asset value. 
 
The New Shares will rank pari passu in all respects with the Company's existing 
Ordinary Shares. 
 
Application has been made for the New Shares and to be admitted to the premium 
listing segment of the Official List and to trading on the Main Market of the 
London Stock Exchange ("Admission"). Admission is expected to commence at 
8.00am on Friday, 13 October 2017. 
 
Following Admission, the total number of Ordinary Shares in issue will be 
17,675,000. 
 
The additional funds raised will be invested in accordance with the Company's 
investment policy. 
 
The above figure of 17,675,000 Ordinary Shares may be used by shareholders as 
the denominator for the calculations by which they will determine if they are 
required to notify their interest in, or a change to their interest in, the 
Company under the FCA's Disclosure Guidance and Transparency Rules. 
 
For further information contact: 
 
Chelverton Small Companies Dividend Trust PLC 
 
William van Heesewijk 
 
Chelverton Asset Management Investment Limited 
 
Tel:  [phone] 
 
Stockdale Securities Limited 
 
Robert Finlay / Owen Matthews 
 
Tel: [phone] 
 
 
 
END 
 

(END) Dow Jones Newswires

October 10, 2017 08:25 ET (12:25 GMT)