On June 18, 2024, Downing Strategic Micro-Cap Investment Trust plc announced that it has received a letter from Vidacos Nominees Limited acting as nominee of Milkwood Capital Limited, seeking to requisition a general meeting of the Company proposes that shareholders be asked to consider: ordinary resolutions to: 1) remove Hugh Aldous and Robert Legget as directors of the Company; and (ii) appoint Rhys Summerton, Andre Tonkin and Paul Shackleton as directors of the Company; and a special resolution to direct that the Board do not declare any dividend, return of capital or other distribution on or prior to the requisitioned general meeting of the Company, and that the 2nd special interim dividend of 12 pence per share declared on May 28, 2024 by the Company and any dividend, return of capital or other distribution declared or announced but not paid or made immediately prior to the requisitioned general meeting be cancelled. In addition, the Company stated that it is in the process of reviewing the legal validity of the requisition with its advisers and will make further announcements regarding the convening of a general meeting in due course.