REG - Schroder UK Mid - Response to requisition of a General Meeting

Schroder UK Mid Cap FundAnnouncement

12/02/2025 16:00

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RNS Number : 9032W  Schroder UK Mid Cap Fund PLC  12 February 2025

12 February 2025

Schroder UK Mid Cap Fund plc (SCP)

Legal Entity Identifier: 549300SOEWCYZTK2SP87

Response to requisition of a General Meeting

The Board of Schroder UK Mid Cap Fund plc (the "Company") acknowledges the
requisition notice (the "Notice of Requisition") received from Vidacos
Nominees Limited, in its capacity as nominee of Citibank N.A., London Branch
(the "Custodian") pursuant to the instructions of the Custodian's client
Jefferies LLC, a prime broker acting on behalf of Saba Capital Management,
L.P., seeking to convene a General Meeting.

The Notice of Requisition proposes that shareholders of the Company be asked
to consider and, if thought fit approve, the taking by the Company of all
necessary steps to implement a scheme or process by which the shareholders of
the Company would become (or have the option to become) shareholders of a
UK-listed open-ended investment company (or similar open-ended investment
vehicle) implementing a substantially similar strategy to the Company, which
scheme or process could entail shareholders rolling into an existing or newly
established UK open-ended investment company managed by the Company's existing
investment manager.

The Board is considering with its advisers the validity of the proposal set
out in the Notice of Requisition.

The Board recommends that shareholders take no action at this time and await a
further announcement from the Company which will be made in due course.

 

For further information please contact:

 

Company

Andy Pearce / Charlotte Banks (PR)

Katherine Fyfe / Phoebe Merrell (Company Secretary)

Schroder Investment Management Limited

020 7658 6000

 

Panmure Liberum Limited, Corporate Broker

 

020 3100 2000

 

 

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