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SLS issues equity

10 October 2016 13:03

Standard Life UK Smaller Companies Trust has today issued 378,514 Ordinary 25p Shares following elections by holders of the Company's 3.5% Convertible Unsecured Loan Stock 2018 ("CULS") to convert GBP 898,071 nominal of CULS.

The Ordinary Shares, which were issued out of treasury, will rank pari passu with the existing Ordinary Shares.

The new shares will not qualify for the final dividend of 5.20p per share which is subject to shareholder approval at the AGM on 27 October 2016 and is payable on 3 November 2016.

At 1:03pm: (LON:SLS) Standard Life UK Smaller Companies Trust share price was -2p at 371p

Story provided by StockMarketWire.com

Related Company: SLS

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