Issue of Equity

RNS Number : 2213L

Scottish American Investment Co PLC

17 April 2018

 

The Scottish American Investment Company P.L.C.

Legal Entity Identifier: 549300NF03XVC5IFB447

Owing to demand in the market, the Company announces the allotment of 300,000 new Ordinary Shares of 25p each fully paid on 17 April 2018.  Following the allotment there are 137,115,943 Ordinary Shares in issue.  These shares were issued for cash on 17 April 2018 at a price of 358.5p per share and at a premium to the prevailing net asset value.

Baillie Gifford & Co Limited

Company Secretaries

17 April 2018

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

 

END

 

 

IOESFFFLWFASEIL