SMALL COMPANIES DIVIDEND TRUST PLC
Report
& Accounts Factsheet
(Jun 2010) News/Announcements
Share Price: Ordinary
Investment Objective
The investment objective of the Company is to
provide Ordinary shareholders with a high income and opportunity for
capital growth.
Investment Policy
The Group’s investment policy, as approved
by Shareholders on 25 November 2005, is that funds will be invested
principally in UK companies with a market capitalisation of up to £500
million at the point of investment.
A maximum of 20 per cent of the Group’s
portfolio may be invested in companies without reference to their market
capitalisation at the discretion of the Investment Manager.
The Group will invest in the ordinary shares
of companies either listed on the Official List and traded on the London
Stock Exchange’s Main Market or traded on the London Stock Exchange’s
AIM Market.
No investment will be made in preference shares,
loan stock or notes, convertible securities or fixed interest securities
or any similar securities convertible into shares.
The Group will not invest in the securities
of other investment trusts or in unquoted companies.
Fund Manager
David Horner, David Taylor (Tel: 020 7222 8989)
Capital Structure
£4,000,000 Bank Loan facility
16,250,000 Ordinary shares
(Ordinary
shares have an undated life)
The Company's share prices are quoted
daily in the Financial Times under Investment Companies and the Daily
Telegraph under Investment Trusts.
Dividends
Ordinary shares : paid June, September, December and March.
Year End
30 April
Directors
The Rt Hon. Lord Lamont of Lerwick (Chairman)
Mr B Lenygon (non-executive)
Mr D Harris (non-executive)
Mr W van Heesewijk (non-independent)
Company Secretary &
Registered Office
Capita Sinclair Henderson Limited
Beaufort House
51 New North Road
Exeter
EX4 4EP
Tel: 01392 412122
|
Registrar
Share Registrars Ltd
Suite E
First Floor
9 Lion and Lamb Yard
Farnham
Surrey
GU9 7LL
Tel: 01252 821390
|
Auditors
Hazlewoods LLP
Windsor House
Barnett Way
Barnwood
Gloucester
GL4 3RT |
|
Custodian
HSBC Bank PLC
Mariner House
Pepys Street
London
EC3N 4DA
|
Solicitors
Maclay Murray & Spens
12th Floor
One London Wall
London
EC2Y 5AB |
