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Statement re Capital Reduction

26th Nov 2025 15:34

RNS Number : 1527J
Global Smaller Cos. Trust PLC (The)
26 November 2025
 

26 November 2025

The Global Smaller Companies Trust PLC

(the "Company")

 

Statement re Capital Reduction

 

The Company is pleased to announce that on 25 November 2025 the High Court of Justice (the "Court") confirmed the cancellation of the sums standing to the credit of the Company's share premium account and capital redemption reserve (the "Reduction of Capital"). 

 

The purpose of the Reduction of Capital is to create additional distributable reserves which will provide the Company with the flexibility to support, amongst other things, the buy-back of shares and the payment of dividends.

 

The Court order confirming the Reduction of Capital, and a statement of capital approved by the Court in connection therewith, will be sent to the Registrar of Companies shortly. The Reduction of Capital will become effective upon the registration of the Court order and associated statement of capital by the Registrar of Companies.

 

Shareholders do not need to take any further action in relation to the Reduction in Capital.

 

Enquiries:

Ian Ridge

For and on behalf of Columbia Threadneedle Investment Business Limited

Company Secretary

Telephone: 020 7464 5000

 

LEI: 2138008RRULYQP8VP386

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