RNS Number : 0859X
European Smaller Companies Tst PLC
14 February 2025
 

JANUS HENDERSON FUND MANAGEMENT UK LIMITED

THE EUROPEAN SMALLER COMPANIES TRUST PLC

Legal Entity Identifier:  213800N1B1HCQG2W4V90

14 February 2025

 

THE EUROPEAN SMALLER COMPANIES TRUST PLC

("ESCT" or the "Company")

 

Withdrawal of Second General Meeting Requisition from Saba

 

The Board confirms that, on 11 February 2025, it received a second requisition notice from Saba Capital Management L.P. ("Saba") to call a general meeting (the "Second Requisition Notice"). Since the receipt of the Second Requisition Notice, the Board has engaged in constructive discussions with Saba, who has agreed to withdraw the requisition for a period of 30 days to allow both parties to enter into good-faith negotiations aimed at achieving an outcome that benefits all shareholders.

 

The Board will provide a further update in due course.

 

 

Enquiries:

Janus Henderson Secretarial Services UK Limited

Corporate Secretary to The European Smaller Companies Trust PLC

 +44 (0)20 7818 1818

 

Dan Howe

Head of Investment Trusts, Janus Henderson Investors

+44 (0)20 7818 1818

 

Winterflood Securities Limited

Neil Langford / Rose Ramsden (Corporate Finance) 

Darren Willis / Innes Urquhart (Corporate Sales)

+44 (0)20 3100 0000

 

Edelman Smithfield

John Kiely / Latika Shah

+44 (0)7785 275 665 / +44 (0)7950 671 948

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
MSCEAXADFSDSEFA
The European Smaller Com... (LSE:ESCT)
Graphique Historique de l'Action
De Jan 2025 à Fév 2025 Plus de graphiques de la Bourse The European Smaller Com...
The European Smaller Com... (LSE:ESCT)
Graphique Historique de l'Action
De Fév 2024 à Fév 2025 Plus de graphiques de la Bourse The European Smaller Com...