ESCT.L

TR European Growth Trust Plc
European Smaller Co. - Holding(s) in Company
13th November 2024, 16:45
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RNS Number : 1452M
European Smaller Companies Tst PLC
13 November 2024
 

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB00BMCF8689

Issuer Name

THE EUROPEAN SMALLER COMPANIES TRUST PLC

UK or Non-UK Issuer

UK

2. Reason for Notification

An acquisition or disposal of voting rights

3. Details of person subject to the notification obligation

Name

Saba Capital Management, L.P.

City of registered office (if applicable)

New York

Country of registered office (if applicable)

United States

4. Details of the shareholder

Name

City of registered office

Country of registered office

Saba Capital Arcadia Master Fund, Ltd.


Cayman Islands

Saba Capital Bluebird Fund, Ltd.


Cayman Islands

Saba Capital Income & Opportunities Fund


United States

Saba Capital CEF Opportunities 1, Ltd.


Cayman Islands

Saba Capital CEF Opportunities 2, Ltd.


Cayman Islands

Saba Capital CEF Special Opportunities Master Fund 2, Ltd.


Cayman Islands

Saba Capital Income & Opportunities Fund II


United States

Saba Capital R Fund, Ltd.


Cayman Islands

Stone Ridge Archimedes Sub-Master (Red) LP


United States

Saba Capital Master Fund, Ltd.


Cayman Islands

5. Date on which the threshold was crossed or reached

12-Nov-2024

6. Date on which Issuer notified

13-Nov-2024

7. Total positions of person(s) subject to the notification obligation

% of voting rights attached to shares (total of 8.A)

% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)

Total of both in % (8.A + 8.B)

Total number of voting rights held in issuer

Resulting situation on the date on which threshold was crossed or reached

2.512399

17.325979

19.838378

78126566

Position of previous notification (if applicable)

0.425036

17.325979

17.751015

69906213

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached

8A. Voting rights attached to shares

Class/Type of shares ISIN code(if possible)

Number of direct voting rights (DTR5.1)

Number of indirect voting rights (DTR5.2.1)

% of direct voting rights (DTR5.1)

% of indirect voting rights (DTR5.2.1)

GB00BMCF8689

9894211

0

2.512399

0.000000

Sub Total 8.A

9894211

2.512399%

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

Type of financial instrument

Expiration date

Exercise/conversion period

Number of voting rights that may be acquired if the instrument is exercised/converted

% of voting rights

 





Sub Total 8.B1




8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))

Type of financial instrument

Expiration date

Exercise/conversion period

Physical or cash settlement

Number of voting rights

% of voting rights

Total Return Swap

11/28/2025


Cash

68232355

17.325979

Sub Total 8.B2


68232355

17.325979%

9. Information in relation to the person subject to the notification obligation

2. Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entities (please add additional rows as necessary)

Ultimate controlling person

Name of controlled undertaking

% of voting rights if it equals or is higher than the notifiable threshold

% of voting rights through financial instruments if it equals or is higher than the notifiable threshold

Total of both if it equals or is higher than the notifiable threshold

Boaz Weinstein

Saba Capital Management GP, LLC




Saba Capital Management GP, LLC

Saba Capital Management, LP



19.838378%

10. In case of proxy voting

Name of the proxy holder

 

The number and % of voting rights held

 

The date until which the voting rights will be held

 

11. Additional Information

 

12. Date of Completion

13-Nov-2024

13. Place Of Completion

New York

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