t
| TIDM | ESCT |
| Share Price | 232.50p0.00% |
| Market Cap | £954.12m |
On 23 January 2025, independent proxy adviser Glass Lewis recommended that shareholders of The European Smaller Companies Trust PLC vote against all resolutions at the Requisitioned General Meeting scheduled for 5 February 2025. This recommendation aligns with the ESCT Board's unanimous recommendation, which was previously detailed in a circular posted to shareholders on 8 January 2025.
| Date | 23 Jan 2025 |
| Time | 12:03:52 |
| Category | Corporate updates |
| ID | 4901U |
JANUS HENDERSON FUND MANAGEMENT UK LIMITED
THE EUROPEAN SMALLER COMPANIES TRUST PLC
Legal Entity Identifier: 213800N1B1HCQG2W4V90
23 January 2025
THE EUROPEAN SMALLER COMPANIES TRUST PLC
("ESCT" or the "Company")
Glass Lewis 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 Glass Lewis, the independent proxy adviser, in relation to the Company's forthcoming Requisitioned General Meeting to be held on 5 February 2025 at 12.30 p.m.
Glass Lewis 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 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:
"The independent advice of Glass Lewis affirms the views of the Board, which has recommended that shareholders vote against all resolutions proposed by Saba. The Board urges 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
+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
Georgeson