Issue of Equity

RNS Number : 4944R

Scottish Mortgage Inv Tst PLC

09 December 2016

 

Scottish Mortgage Investment Trust PLC

Allotment of Shares from Treasury

On 9 December 2016, owing to demand in the market, the Company announces the issuance of 500,000 Ordinary Shares of 5p each fully paid from Treasury.  Following the issuance there will be 1,323,669,485 Ordinary Shares in issue (excluding the remaining 98,061,395 shares held in Treasury).  These shares were issued for cash on 9 December 2016 at a price of 313.15p per share and at a premium to the prevailing net asset value.

Baillie Gifford & Co Limited

Company Secretaries

9 December 2016

 

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