Schroder Income Growth Fund PLC (SCF) has disclosed a regulatory shareholding notification dated 4 November 2026, revealing that Kate McIntyre, a person closely associated (PCA) with Director Fraser McIntyre, acquired 247 ordinary shares in the fund on 3 November 2026. The shares were purchased through a non-discretionary dividend reinvestment programme at £3.6396 per share, representing a total transaction value of £898.98. The acquisition was conducted on the London Stock Exchange and constitutes an initial notification under applicable market transparency rules. Such disclosures are required under UK market regulations and may be of interest to investors monitoring insider-related activity at the fund.

Key Points

  • Schroder Income Growth Fund PLC (SCF) — a UK-listed closed-ended investment trust managed by Schroders
  • Kate McIntyre, PCA to Director Fraser McIntyre, purchased 247 ordinary shares on 3 November 2026
  • Shares acquired at £3.6396 each via a non-discretionary dividend reinvestment programme, totalling £898.98
  • Investors may watch for further PDMR activity or dividend announcements that trigger additional reinvestment disclosures

Kate McIntyre's Dividend Reinvestment Purchase of 247 SCF Shares at £3.6396

The announcement confirms that Kate McIntyre, identified as a person closely associated with Schroder Income Growth Fund Director Fraser McIntyre, acquired 247 ordinary shares of 10 pence each in the fund. The transaction was executed on 3 November 2026 on the London Stock Exchange at a price of £3.6396 per share, producing an aggregated transaction value of £898.98. The disclosure represents an initial notification rather than an amendment to a prior filing, and the shares carry the ISIN reference GB0007915860. The fund's LEI is recorded in the announcement as 549300X1RTYYP7S3YE39.

Non-Discretionary Dividend Reinvestment Programme Drives the SCF Share Acquisition

The nature of the transaction is recorded as a share purchase through a non-discretionary dividend reinvestment programme. This classification is significant for investors interpreting PDMR disclosures, as a non-discretionary programme means the participant does not exercise active judgement over the timing or size of each individual purchase. Instead, dividend proceeds are automatically reinvested in line with pre-agreed instructions. Such transactions are nonetheless subject to full regulatory disclosure requirements under UK market rules, and the announcement reflects Schroder Income Growth Fund's compliance with those obligations in a timely manner.

Schroder Income Growth Fund's Income-Focused Investment Strategy and UK Market Listing

Schroder Income Growth Fund PLC is a UK-listed investment trust that pursues an income-growth strategy, investing principally in UK equities with the objective of providing investors with above-inflation dividend growth alongside capital appreciation over time. The fund is managed by Schroders, one of the UK's largest asset management groups. As a closed-ended vehicle listed on the London Stock Exchange, SCF is subject to ongoing disclosure obligations including PDMR transaction reporting. Investors in income-focused investment trusts often monitor dividend reinvestment activity as an indirect indicator of the fund's distribution profile and yield levels.