Standard Life UK Smaller Companies Trust plc reported unaudited earnings results for the first half year ended Dec. 31, 2015. For the period, the company reported return on ordinary activities after taxation of £34.7 million or 47.05 pence diluted return per ordinary share compared to return on ordinary activities after taxation of £2.6 million or 3.49 pence diluted return per ordinary share reported in the same period last year. Income for the period was £2.3 million compared to £2.14 million reported last year. Net return before finance costs and taxation was £35.1 million compared to £3.1 million reported last year. Return on ordinary activities before taxation was £34.7 million compared to £2.6 million reported last year. Net cash inflow from operating activities was £2.05 million compared to £1.1 million reported last year.

Standard Life UK Smaller Companies Trust plc announced that Donald MacDonald stepped down from the Board on February 16, 2016 after 23 years of outstanding service to the Trust.

The Board proposed an interim dividend of 1.40 pence per share against 1.40 p per share a year ago. This will be paid on April 7, 2016 to shareholders on the register as at March 11, 2016 with an associated ex-dividend date of March 10, 2016.