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On 14 March 2025, The European Smaller Companies Trust PLC (ESCT) announced ongoing discussions with Saba Capital Management, L.P. ESCT and Saba have agreed to continue these negotiations for a further 30 days, with the stated aim of achieving an outcome that benefits all shareholders.
| Date | 14 Mar 2025 |
| Time | 07:00:06 |
| Category | Miscellaneous |
| ID | 6401A |
JANUS HENDERSON FUND MANAGEMENT UK LIMITED
THE EUROPEAN SMALLER COMPANIES TRUST PLC
Legal Entity Identifier: 213800N1B1HCQG2W4V90
14 March 2025
THE EUROPEAN SMALLER COMPANIES TRUST PLC
("ESCT" or the "Company")
Ongoing discussions with Saba
The Company and Saba Capital Management, L.P. ('Saba') continue to have constructive discussions and have agreed to allow the good-faith negotiations to continue for a further 30 days, with the aim of achieving an outcome that benefits all shareholders.
The Board will provide a further update in due course.
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