Chelverton Small Div Result of Meeting

 
TIDMSDV TIDMSDVZ 
 
Chelverton Small Companies Dividend Trust PLC (the "Company") and Chelverton 
Small Companies ZDP PLC ("Existing ZDPCo") 
 
LEIs: 213800DAF47EJ2HT4P78 and 213800OPDNDC5YERVG70 
 
Results of General Meetings 
 
Pursuant to the announcement on 27 November 2017 and following General Meetings 
of the Company and Existing ZDPCo which were held today, the Company and 
Existing ZDPCo are pleased to announce all resolutions were passed on a show of 
hands. 
 
The Company 
 
Resolution 1: to allot C Shares in the capital of the Company up to an 
aggregate nominal amount of GBP75 million. 
 
Resolution 2: to allot C Shares for cash pursuant to the authority referred to 
in resolution 1 above as if section 561 of the Companies Act 2006 (the "Act") 
did not apply to any such allotment. 
 
Resolution 3: to allot Ordinary Shares up to an aggregate nominal amount of: 
 
a) GBP7.5 million pursuant to the Placing Programme (as defined in the 
Prospectus); and 
 
b) 20 per cent. of the aggregate nominal amount of the issued ordinary share 
capital of the Company immediately following completion of the Issue. 
 
Resolution 4: to allot ordinary shares and to sell ordinary shares from 
treasury for cash pursuant to the authority referred to in resolution 3 as if 
section 561 of the Act did not apply to any such allotment or sale. 
 
Resolution 5: to make market purchases of C Shares, provided that the maximum 
number of C Shares authorised to be purchased is 14.99 per cent. of the issued 
C Shares following completion of the Issue. 
 
Resolution 6: to adopt new articles of association of the Company. 
 
Resolution 7: to allot ordinary shares and to sell ordinary shares from 
treasury for cash pursuant to the authority conferred by resolution 9 passed at 
the Company's AGM held on 7 September 2017 as if section 561 of the Act did not 
apply to any such allotment or sale, subject to, amongst other things, a limit 
of 10% of the issued ordinary share capital. 
 
Existing ZDPCo 
 
Additionally, at the First General Meeting of Existing ZDPCo the special 
resolution was duly passed and accordingly the Scheme for the reconstruction 
and voluntary winding up of the Company was approved and its implementation by 
the Liquidator was authorised. 
 
A copy of the resolutions of the Company and Existing ZDPCo has been submitted 
to the National Storage Mechanism, and will shortly be made available for 
inspection at:  www.morningstar.co.uk/uk/nsm. Details of the proxy votes 
received can be found the Company's website www.chelvertonam.com/fund/ 
small-companies-dividend-trust-plc/. 
 
Save for expressions defined in this announcement, words and expressions 
defined in the Prospectus and Circulars shall have the same meaning in this 
announcement. 
 
For further information contact 
 
Chelverton Small Companies Dividend Trust PLC 
 
William van Heesewijk 
 
Chelverton Asset Management 
 
+44 20 7222 8989 
 
Stockdale Securities Limited 
 
Robert Finlay / Owen Matthews 
 
+44 20 7601 6115 
 
 
 
END

(END) Dow Jones Newswires

December 12, 2017 07:00 ET (12:00 GMT)

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