TIDMUKT

RNS Number : 6926M

Threadneedle UK Select Trust Ltd

11 May 2015

Threadneedle UK Select Trust Limited (the "Company")

11 May 2015

Allotment of Scrip Shares to Directors of the Company and Directors' Dealings

Some members of the Company's Board of Directors have elected to participate in the Company's scrip dividend scheme (the "Scrip Dividend Alternative") in respect of the second interim dividend for the year ended 31 December 2014 and accordingly acquired ordinary shares of 10p each in the Company (the "Shares"), as disclosed in the table below.

The Shares, which are traded on the Main Market of the London Stock Exchange, were sold out of treasury by the Company on 11 May 2015 at the previously announced scrip dividend reference price of 176.00 pence per Share and rank pari passu with the Company's existing Ordinary Shares.

In addition to her own beneficial holding of 58,802 Shares, Mrs S Farnon is a joint trustee and potential beneficiary of the Executors of CRW Best, in which capacity she jointly holds 33,785 shares. Mrs Farnon and her co trustees as applicable elected to participate in the Scrip Dividend Alternative in respect of both of these holdings.

The below table sets out the number of Shares acquired and each director's total holding and those of their connected persons following their elections under the Scrip Dividend Alternative.

 
 Name of Director     Number of Shares    Resultant Total   % Holding 
                      Acquired / Issued     Shares Held 
                          as Scrip 
------------------  -------------------  ----------------  ---------- 
 James Le Pelley 
  (Chairman)               32,045            2,288,089       10.32% 
------------------  -------------------  ----------------  ---------- 
 David Warr                1,680              120,003         0.54% 
------------------  -------------------  ----------------  ---------- 
 Sally-Ann Farnon           835               59,637          0.27% 
------------------  -------------------  ----------------  ---------- 
 The Executors 
  of CRW Best               479               34,264          0.15% 
------------------  -------------------  ----------------  ----------

Mr James West and Mr Robert King did not participate in the Scrip Dividend Alternative.

Enquiries:

Kleinwort Benson (Channel Islands) Fund Services Limited

Secretary

Tel: + 44 (0) 1481 710607

This information is provided by RNS

The company news service from the London Stock Exchange

END

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