The European Smaller Companies Trust PLC commences an Equity Buyback Plan for 60,089,990 shares, representing 14.99% of its issued share capital, under the authorization approved on November 28, 2022.

The European Smaller Companies Trust PLC (LSE:ESCT) commences share repurchases on October 17, 2023, under the program mandated by the shareholders in the Annual General Meeting held on November 28, 2022. Under the plan, the company will repurchase up to 60,089,990 shares, representing 14.99% of its issued share capital.This program will expire at the conclusion of the next Annual General Meeting or valid for 15 months from the date of passing resolution. As of June 30, 2022, the company had 400,867,176 ordinary shares in issue.