Dunedin Smaller Companies Investment Trust / Standard Life Smaller Companies TrustÂ
Yesterday the Trust announced that its takeover/merger by Standard Life Smaller Companies Trust, (SLS) was approved at the Second General Meeting.
The terms are that for each Dunedin share one owns, one will receive 0.582547 SLS shares.Â
That means for my holding of 4333 sharesÂ Â I will receive 2524 shares in SLS.
I have this afternoon, adjusted my position in the Portfolio. Trading in the new shares is expected from 8.00am tomorrow morning.Â