The headline for the The Scottish American Investment Company P.L.C. announcement released on 24.06.19 at 15.52 under RNS No 2420D should read Issue of Equity.
The announcement text is unchanged and is reproduced in full below.
The Scottish American Investment Company P.L.C.
Legal Entity Identifier: 549300NF03XVC5IFB447
Owing to demand in the market, the Company announces the allotment of 50,000 new Ordinary Shares of 25p each fully paid on 24 June 2019. Following the allotment there are 143,705,943 Ordinary Shares in issue. These shares were issued for cash on 24 June 2019 at a price of 404.00p per share and at a premium to the prevailing net asset value.
Baillie Gifford & Co Limited
Company Secretaries
24 June 2019
Regulated Information Classification: Acquisition or disposal of the issuer's own shares