TIDMSDV 
 
Chelverton Small Companies Dividend Trust plc (the "Company") 
 
Financing structure of the Group 
 
The Directors of Chelverton Small Companies Dividend Trust PLC and Chelverton 
Small Companies ZDP PLC (together the "Group") have been considering the 
options for a refinancing of the Zero Dividend Preference shares, which are due 
for repayment on 8 January 2018. The Board believes that given the current 
economic environment a ZDP refinancing could be achieved at an attractive 
interest rate which would enable the Company to continue to provide Ordinary 
shareholders with an attractive level of income, supported by the Company's 
material revenue reserve, as well as the opportunity for further capital growth 
driven principally by the well-established and diversified mid - small 
companies portfolio. Subject to stock market conditions, the Company will also 
be considering the potential to issue further Ordinary shares at the time of 
the issuance of any new Zero Dividend Preference Shares. 
 
Enquiries: 
 
George Bayer, Maitland Administration Services Ltd, Corporate Secretary - 01245 
398984 
 
 
 
END 
 

(END) Dow Jones Newswires

January 13, 2017 11:00 ET (16:00 GMT)

Chelverton Uk Dividend (LSE:SDV)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Chelverton Uk Dividend Charts.
Chelverton Uk Dividend (LSE:SDV)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Chelverton Uk Dividend Charts.