Chelverton Small Div Transactions in a Close Period

 
TIDMSDV TIDMSDVZ 
 
CHELVERTON SMALL COMPANIES DIVIDEND TRUST PLC 
 
TRANSACTIONS IN A CLOSE PERIOD 
 
The Company wishes to notify the market that the closed period of the Company 
in relation to its annual results for the year ended 30 April 2017 will 
commence on 15 May 2017 and is anticipated to end no sooner than 14 June 2017. 
 
The Company confirms that all inside information (as defined in the EU Market 
Abuse Regulation) which the Directors and the Company may have held has been 
notified to a regulatory information service. Accordingly, in the absence of 
any new undisclosed inside information arising, the Company is not prohibited 
from dealing in its own securities during this closed period. 
 
As stated in the announcement issued on 13th January 2017. 
 
"The Directors of Chelverton Small Companies Dividend Trust PLC and Chelverton 
Small Companies ZDP PLC (together the "Group") have been considering the 
options for a refinancing of the Zero Dividend Preference shares, which are due 
for repayment on 8 January 2018. The Board believes that given the current 
economic environment a ZDP refinancing could be achieved at an attractive 
interest rate which would enable the Company to continue to provide Ordinary 
shareholders with an attractive level of income, supported by the Company's 
material revenue reserve, as well as the opportunity for further capital growth 
driven principally by the well-established and diversified mid - small 
companies portfolio. Subject to stock market conditions, the Company will also 
be considering the potential to issue further Ordinary shares at the time of 
the issuance of any new Zero Dividend Preference Shares." 
 
George Bayer 
 
For and on behalf of Maitland Administration Services Limited 
 
Company Secretary 
 
11 May 2017 
 
 
 
END 
 

(END) Dow Jones Newswires

May 11, 2017 11:05 ET (15:05 GMT)