TIDMSDV 
 
Small Companies Dividend Trust PLC 
 
Issue of new Ordinary Shares - Update 
 
16 January 2014 
 
This announcement follows that made by the Company to the market on 14 January 
2014, whereby the Directors of Small Companies Dividend Trust PLC ("SCD Trust") 
announced the issue of 300,000 new Ordinary Shares ranking pari passu in all 
respects with the Ordinary Shares already in issue at an issue price of 189.5p 
per Ordinary Share. 
 
The New Shares are being issued for cash in order to meet investor demand. 
 
The new Ordinary Shares have been allotted by SCD Trust, subject to admission 
to Listing and to dealings on the London Stock Exchange ("Admission"). 
Admission has been applied for and dealings in the new Ordinary Shares are 
expected to commence at 8.00am on 17 January 2014. 
 
The total number of Ordinary shares in issue following Admission will be 
16,550,000. 
 
The additional cash raised will be invested in SCD Trust's portfolio. 
 
Enquiries: 
 
Small Companies Dividend Trust PLC 
William van Heesewijk 
Chelverton Asset Management Investment Limited 
Tel: 020 7222 8989 
 
 
 
END
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