JUS.L Regulatory News (JUS)

Jupiter US Smaller Companies PLC (the 'Company')

Legal Entity Identifier: 549300HKKL9K1NY4TW55

Publication of circular and notice of general meeting

The Board is pleased to announce that a circular and notice of general meeting is today being posted to shareholders regarding the following items:

Name Change

Under the Company's Articles of Association, a change in the Company's name may be effected by ordinary resolution of the Company's Shareholders.

The Board believes that it is in the best interests of Shareholders that the Company be renamed Brown Advisory US Smaller Companies PLC, both to reflect the identity of its new portfolio manager and to assist in marketing the Company under its new management.

Investment Policy

The circular sets out the Company's investment objective and investment policy, following the changes made to reflect the approach agreed with Brown Advisory when they took over as the Company's portfolio manager on 1 April 2021. While the Company's investment objective has not changed and its previous investment policy was broadly aligned with Brown Advisory's investment approach, certain phraseology in the investment policy has been amended for consistency with how Brown Advisory describes its US Small-Cap Growth strategy. Despite the change in wording there is a consistency in the key investment themes (e.g. taking a long term view on the investible universe, seeking capital appreciation, investing in companies where management and shareholder interests are aligned, and buying companies at attractive valuations).

Following advice prior to the adoption of the amended investment policy, the Company is of the opinion that the amendments do not amount to material changes for the purposes of the Listing Rules, and therefore do not require prior FCA and Shareholder approval.

Nonetheless, for the purposes of transparency and good governance, the Company has notified the FCA of the amendments and the Company proposes to put a resolution before Shareholders at the General Meeting seeking confirmation of the adoption of the amended investment policy.

General Meeting

The General Meeting will be held at 12:30 p.m. on 6 May 2021 at 52-54 Gracechurch Street, London, EC3V 0EH but will follow the minimum legal requirements for a general meeting.

A copy of the circular and notice of general meeting will be available shortly on the Company's website at https://www.brownadvisory.com/intl/investment-trusts/jupiter-us-smaller-companies-plc 

The circular and notice of general meeting will also be uploaded to the national storage mechanism and will be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism

Enquiries:

FundRock Partners Limited, Company Secretary

Limor Gonen Tel: +44 203 994 7129

ukfundscosec@apexfs.com

12 April 2021

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