European Smaller Companies Tst PLC ISS recommends vote AGAINST resolutions

RNS Number : 9348U

European Smaller Companies Tst PLC

28 January 2025

 

JANUS HENDERSON FUND MANAGEMENT UK LIMITED

THE EUROPEAN SMALLER COMPANIES TRUST PLC

Legal Entity Identifier:  213800N1B1HCQG2W4V90

28 January 2025

 

THE EUROPEAN SMALLER COMPANIES TRUST PLC

("ESCT" or the "Company")

 

ISS Recommends shareholders VOTE AGAINST ALL Resolutions at the Requisitioned General Meeting

 

The Board of The European Smaller Companies Trust PLC notes the publication of the voting recommendation from ISS, the independent proxy adviser, in relation to the Company's forthcoming general meeting to be held on 5 February 2025 at 12.30 p.m (the "Requisitioned General Meeting").

 

ISS has recommended that ESCT shareholders VOTE AGAINST ALL resolutions at the Requisitioned General Meeting due to be held on 5 February 2025.

 

This recommendation is in line with the unanimous recommendation of the Company's Board which has previously encouraged shareholders to VOTE AGAINST All resolutions proposed at the Requisitioned General Meeting for the reasons set out in the Circular posted to shareholders on 8 January 2025 and available on the Company's website here:  www.janushenderson.com/general-meeting-esct/

 

James Williams, Chairman of The European Smaller Companies Trust PLC, said:

"Alongside the Glass Lewis recommendation, the independent advice of ISS affirms the views of the Board, which has recommended that shareholders vote against all resolutions proposed by Saba.

 

I once again urge all shareholders to exercise their right to vote to ensure their views are fully represented in the final voting numbers."

 

 

YOUR VOICE MATTERS:

STAND AGAINST SABA, SAFEGUARD YOUR INVESTMENT

 

 

 

Enquiries:

Janus Henderson Secretarial Services UK Limited

Corporate Secretary to The European Smaller Companies Trust PLC

 [phone]

[e-mail]

 

Dan Howe

Head of Investment Trusts, Janus Henderson Investors

[phone]

 

Winterflood Securities Limited

Neil Langford / Rose Ramsden (Corporate Finance) 

Darren Willis / Innes Urquhart (Corporate Sales)

[phone]

 

Edelman Smithfield

John Kiely / Latika Shah

[phone] / [phone]

 

Georgeson

[e-mail]

 

 

 

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END

 

 

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