Downing Strate. Regulatory News (DSM)

NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, TO THE UNITED STATES, AUSTRALIA, CANADA, THE REPUBLIC OF SOUTH AFRICA, JAPAN OR, SUBJECT TO CERTAIN EXCEPTIONS, ANY MEMBER STATE OF THE EEA (OTHER THAN THE UNITED KINGDOM) OR TO ANY NATIONAL, RESIDENT OR CITIZEN OF THE UNITED STATES, AUSTRALIA, CANADA, THE REPUBLIC OF SOUTH AFRICA, JAPAN OR, SUBJECT TO CERTAIN EXCEPTIONS, ANY MEMBER STATE OF THE EEA (OTHER THAN THE UNITED KINGDOM)

9 May 2017

Downing Strategic Micro-Cap investment trust PLC

First day of dealings

Downing Strategic Micro-Cap Investment Trust plc (the "Company") is pleased to announce the commencement of dealings in its ordinary shares at 8.00 am today on the main market of the London Stock Exchange and admission to the premium segment of the Official List of the UK Listing Authority ("Admission"). 

The total number of ordinary shares in the Company in issue immediately following Admission is 55,600,002, each with equal voting rights. The total voting rights figure can be used by shareholders as the denominator for the calculations by which they will determine whether they are requested to notify their interest in the Company under the Disclosure and Transparency Rules of the Financial Conduct Authority. 

The ordinary shares will trade under the TIDM "DSM".

For further information please contact:

Downing Strategic Micro-Cap Investment Trust plc

Judith MacKenzie Tel: 020 7416 7780

Gemma Smith

James Lynch

Alyx Wood

Nick Hawthorn

Stockdale Securities Limited

Robert Finlay Tel: 020 7601 6100

Daniel Harris

Edward Thomas

Henry Willcocks

Fiona Conroy

Disclaimer

This announcement does not constitute a prospectus and investors must only subscribe for or purchase any shares referred to in this announcement on the basis of information contained in a prospectus published by Downing Strategic Micro-Cap Investment Trust plc (the "Prospectus") and not in reliance on this announcement. Copies of the Prospectus may, subject to any applicable law, be obtained from the registered office of the Company. This announcement does not constitute and may not be construed as, an offer to sell or an invitation to purchase, investments of any description, or a recommendation regarding the issue or the provision of investment advice by any party. No information set out in this announcement or referred to in other written or oral form is intended to form the basis of any contract of sale, investment decision or any decision to purchase shares in the Company.

Stockdale Securities Limited ("Stockdale"), which is authorised and regulated by the Financial Conduct Authority, is acting only for the Company in connection with the matters described in this announcement and is not acting for or advising any other person, or treating any other person as its client, in relation thereto and will not be responsible for providing the regulatory protection afforded to clients of Stockdale or advice to any other person in relation to the matters contained herein.

The shares of the Company will be offered only outside of the United States, pursuant to the provisions of Regulation S of the U.S. Securities Act of 1933, as amended (the "Securities Act"). These shares will not be registered under the Securities Act and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. Moreover, the shares of the Company have not been, nor will they be, registered under the applicable securities laws of Australia, Canada, the Republic of South Africa, Japan or, subject to certain exceptions, any member state of the EEA (other than the United Kingdom). Further, the Company will not be registered under the US Investment Company Act of 1940, as amended. Subject to certain exceptions, the shares of the Company may not be offered or sold in the United States, Australia, Canada, the Republic of South Africa, Japan or any member state of the EEA (other than the United Kingdom) or to, or for the account or benefit of, any national, resident or citizen of the United States, Australia, Canada, the Republic of South Africa, Japan or, subject to certain exceptions, any member state of the EEA (other than the United Kingdom). The Issue, and the distribution of this announcement, in other jurisdictions may be restricted by law and the persons into whose possession this announcement comes should inform themselves about, and observe, any such restrictions.