Issue of Equity

RNS Number : 3630U

Scottish American Investment Co PLC

23 October 2017

 

The Scottish American Investment Company P.L.C.

Legal Entity Identifier: 549300NF03XVC5IFB447

Owing to demand in the market, the Company announces the allotment of 250,000 new Ordinary Shares of 25p each fully paid on 23 October 2017.  Following the allotment there are 135,575,943 Ordinary Shares in issue.  These shares were issued for cash on 23 October 2017 at a price of 367.15p per share and at a premium to the prevailing net asset value.

Baillie Gifford & Co Limited

Company Secretaries

23 October 2017

Regulated Information Classification: Acquisition or disposal of the issuer's own shares

 

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