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| TIDM | ESCT |
| Share Price | GBX 234.74-0.43% |
| Market Cap | £963.31m |
On 28 January 2025, ISS, an independent proxy adviser, published a voting recommendation for The European Smaller Companies Trust PLC (ESCT). ISS recommended that ESCT shareholders vote against all resolutions at the Requisitioned General Meeting scheduled for 5 February 2025. This recommendation aligns with the unanimous advice from ESCT's Board, which previously encouraged shareholders to vote against all proposed resolutions.
| Date | 28 Jan 2025 |
| Time | 07:58:20 |
| Category | Miscellaneous |
| ID | 9348U |
JANUS HENDERSON FUND MANAGEMENT UK LIMITED
THE EUROPEAN SMALLER COMPANIES TRUST PLC
Legal Entity Identifier: 213800N1B1HCQG2W4V90
28 January 2025
THE EUROPEAN SMALLER COMPANIES TRUST PLC
("ESCT" or the "Company")
ISS 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 ISS, the independent proxy adviser, in relation to the Company's forthcoming general meeting to be held on 5 February 2025 at 12.30 p.m (the "Requisitioned General Meeting").
ISS 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 Company's 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:
"Alongside the Glass Lewis recommendation, the independent advice of ISS affirms the views of the Board, which has recommended that shareholders vote against all resolutions proposed by Saba.
I once again urge 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
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