Borrowing Facilities

Aberforth Smaller Companies Trust

22/05/2023 12:49

Aberforth Smaller Companies Trust plc (the "Company")

Borrowing Facilities

The Board of Aberforth Smaller Companies Trust plc announces that the Company
has refinanced the existing unsecured committed Revolving Credit Facility with
The Royal Bank of Scotland International Limited in the same amount of £130m
for a further three years. The facility will bear interest at a margin of 1.15
per cent over the relevant reference rate and is due to expire on 15 June
2026.

In addition, the Company continues to benefit from the existing overdraft
facility with Northern Trust, the Company’s custodian, in the amount of
£20m for short term working capital requirements.

Aberforth Partners LLP, Secretaries

Telephone: 0131 220 0733

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