Issue of Equity

RNS Number : 4302J

Scottish American Investment Co PLC

09 April 2020

 

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 9 April 2020.  Following the allotment there are 148,530,943 Ordinary Shares in issue.  These shares were issued for cash on 9 April 2020 at a price of 377.0p per share and at a premium to the prevailing net asset value.

Baillie Gifford & Co Limited

Company Secretaries

9 April 2020

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

 

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