The Henderson Smaller Companies Investment Trust plc commences share repurchases on March 27, 2024, under the program mandated by the shareholders in the Annual General Meeting held on October 5, 2023. Under the plan, the company will repurchase up to 11,197,799 shares or if less then shares representing 14.99% of its issued share capital as at the date of passing of the resolution. The minimum price which may be paid for a share shall be 25p.

The maximum price which may be paid for a share shall be an amount equal to the highest of, either 105% of the average of the middle market quotations for a share taken from and calculated by reference to the London Stock Exchange Daily Official List for the five business days immediately preceding the day on which the share is contracted to be purchased; or the price of the last independent trade; or the highest current independent bid. The repurchase authorisation is valid for 15 months unless the authority is renewed at the company?s nest Annual General Meeting or at any other general meeting prior to such time. As of July 31, 2023, the company has 74,701,796 shares in issue.