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Montanaro European Smaller Companies Trust plc (MTE) ORD GBP0.05

Sell:171.00p Buy:172.00p 0 Change: 1.00p (0.58%)
FTSE All Share:0.04%
Market closed |  Prices as at close on 5 November 2025 Prices delayed by at least 15 minutes | Switch to live prices |
Tender Offer

Montanaro European Smaller Companies Trust plc ORD GBP0.05

Type:
Tender Offer
Shareholder action required:
Yes
Status:
Client deadline
Details (last updated 29 Oct 2025)

Montanaro European Smaller Companies Trust plc has announced plans to introduce a bi-annual tender offer facility, timed to coincide with the publication of its Interim and Final Results, which are typically released in the autumn and summer of each year respectively.

 

The company is offering to buy up to 5% of its shares at a 5% discount to the Net Asset Value (NAV) to be calculated on 28 November 2025. This is called a tender offer.

 

The first tender offer is scheduled to take place at the end of November and is subject to shareholder approval at a general meeting to be held on 19 November 2025.

 

You can ask to sell all or part of your holding in the offer. You’ve got a guaranteed entitlement to tender (i.e. elect to sell) 5% of your shareholding. You can ask to sell more or less than this, but you might not successfully sell all the shares you tender above this entitlement.

 

If you don’t want to sell any shares, you don’t need to do anything

 

Sell shares in the offer – Act by noon on Tuesday 18 November 2025

 

Any shares you ask to sell will be removed from your portfolio from 18 November 2025. You’ll receive cash from shares successfully sold on or around 5 December 2025.

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter/message and not on the summary information outlined above.

×
Sell:171.00p
Buy:172.00p
Change: 1.00p (0.58%)
Deal now Deal for just £11.95 per trade in a Stocks and Shares ISA, Lifetime ISA , SIPP or Fund and Share Account
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Market closed |  Prices as at close on 5 November 2025 Prices delayed by at least 15 minutes | Switch to live prices |
Tender Offer

Montanaro European Smaller Companies Trust plc ORD GBP0.05

Type:
Tender Offer
Shareholder action required:
Yes
Status:
Client deadline
Details (last updated 29 Oct 2025)

Montanaro European Smaller Companies Trust plc has announced plans to introduce a bi-annual tender offer facility, timed to coincide with the publication of its Interim and Final Results, which are typically released in the autumn and summer of each year respectively.

 

The company is offering to buy up to 5% of its shares at a 5% discount to the Net Asset Value (NAV) to be calculated on 28 November 2025. This is called a tender offer.

 

The first tender offer is scheduled to take place at the end of November and is subject to shareholder approval at a general meeting to be held on 19 November 2025.

 

You can ask to sell all or part of your holding in the offer. You’ve got a guaranteed entitlement to tender (i.e. elect to sell) 5% of your shareholding. You can ask to sell more or less than this, but you might not successfully sell all the shares you tender above this entitlement.

 

If you don’t want to sell any shares, you don’t need to do anything

 

Sell shares in the offer – Act by noon on Tuesday 18 November 2025

 

Any shares you ask to sell will be removed from your portfolio from 18 November 2025. You’ll receive cash from shares successfully sold on or around 5 December 2025.

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter/message and not on the summary information outlined above.

×
Sell:171.00p
Buy:172.00p
Change: 1.00p (0.58%)
Market closed |  Prices as at close on 5 November 2025 Prices delayed by at least 15 minutes | Switch to live prices |
Tender Offer

Montanaro European Smaller Companies Trust plc ORD GBP0.05

Type:
Tender Offer
Shareholder action required:
Yes
Status:
Client deadline
Details (last updated 29 Oct 2025)

Montanaro European Smaller Companies Trust plc has announced plans to introduce a bi-annual tender offer facility, timed to coincide with the publication of its Interim and Final Results, which are typically released in the autumn and summer of each year respectively.

 

The company is offering to buy up to 5% of its shares at a 5% discount to the Net Asset Value (NAV) to be calculated on 28 November 2025. This is called a tender offer.

 

The first tender offer is scheduled to take place at the end of November and is subject to shareholder approval at a general meeting to be held on 19 November 2025.

 

You can ask to sell all or part of your holding in the offer. You’ve got a guaranteed entitlement to tender (i.e. elect to sell) 5% of your shareholding. You can ask to sell more or less than this, but you might not successfully sell all the shares you tender above this entitlement.

 

If you don’t want to sell any shares, you don’t need to do anything

 

Sell shares in the offer – Act by noon on Tuesday 18 November 2025

 

Any shares you ask to sell will be removed from your portfolio from 18 November 2025. You’ll receive cash from shares successfully sold on or around 5 December 2025.

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter/message and not on the summary information outlined above.

×
Deal now Deal for just £11.95 per trade in a Stocks and Shares ISA, Lifetime ISA , SIPP or Fund and Share Account
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The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.
Year ending: 31/03/2026 31/03/2025 31/03/2024 31/03/2023 31/03/2022 31/03/2021
Dividend payments  
3rd interim: - 0.05p* - - - -
2nd interim: - 0.96p - - - -
Interim: 0.35p* 0.30p 0.225p 0.20p 0.20p 2.00p
Final: - - 0.90p 0.77p 0.725p 7.25p
Total dividend for year: - 1.31p 1.13p 0.97p 0.93p 9.25p
Dividend metrics  
Dividend growth: n/a 12.00% 15.98% 4.86% n/a 99,999,999.99%
Dividend yield: n/a 0.80% 0.80% 0.70% 0.60% 0.60%
Dividend cover: n/a 1.19 1.26 1.13 1.04 0.34

* Dividend has not yet been paid but has been declared by Montanaro European Smaller Companies Trust plc.

All dividend metrics data is calculated excluding any special dividends. Historical dividends may be adjusted to reflect any subsequent rights issues and corporate actions.

Future dividend dates can be found in company information when announced by Montanaro European Smaller Companies Trust plc.

Financial year end Type Amount Ex-dividend date Payment date
31/03/2025 Total 1.31p  
  3rd interim 0.05p * 04/12/2025 05/01/2026
  2nd interim 0.96p 26/06/2025 07/08/2025
  Interim 0.30p 19/12/2024 22/01/2025
  Final n/a n/a n/a
31/03/2024 Total 1.13p  
  3rd interim n/a n/a n/a
  2nd interim n/a n/a n/a
  Interim 0.225p 21/12/2023 26/01/2024
  Final 0.90p 15/08/2024 16/09/2024
31/03/2023 Total 0.97p  
  3rd interim n/a n/a n/a
  2nd interim n/a n/a n/a
  Interim 0.20p 01/12/2022 05/01/2023
  Final 0.77p 17/08/2023 15/09/2023
31/03/2022 Total 0.93p  
  3rd interim n/a n/a n/a
  2nd interim n/a n/a n/a
  Interim 0.20p 02/12/2021 04/01/2022
  Final 0.725p 11/08/2022 16/09/2022
31/03/2021 Total 9.25p  
  3rd interim n/a n/a n/a
  2nd interim n/a n/a n/a
  Interim 2.00p 03/12/2020 04/01/2021
  Final 7.25p 12/08/2021 15/09/2021

Historical dividends may be adjusted to reflect any subsequent rights issues and corporate actions.

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Past dividends do not offer any guarantee of future dividends. Dividends are likely to vary year on year depending on company performance and could increase, decrease or stop altogether. Dividend data provided by Digital Look.

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.