HENDERSON SMALLER COMPANIES INVESTMENT TRUST PLC (HSL)

On Friday 14th September I attended the 130th Annual General Meeting of the Henderson Smaller Companies Investment Trust at Janus Henderson’s London offices. With approx. 50 retail shareholders present the Chairman Jamie Cayzer-Colvin started with an introduction of the Board plus the fund manager Neil Hermon. Jamie gave an overview of the year ending 31st May 2018, of which a more in-depth version can be found in the annual report link below: Annual Report 2018 We then moved on to a presentation from fund manager ...

Today I attended the 129th Annual General Meeting of this company in their city of London offices with 30 or so mostly retired gentleman shareholders in attendance. The Chairman, Jamie Cayzer-Colvin was unfortunately unable to attend due to illness, and so the Senior Independent Director Mary Ann Sieghart took over Chair duties for the meeting. Some financial highlights from the results are as follows: NAV and share price up 20%, dividend up 3p to 18p giving a yield of 2.3% and the ...