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