Transaction in Own Shares

RNS Number : 1413A

Scottish Mortgage Inv Tst PLC

27 March 2012

 

Scottish Mortgage Investment Trust PLC

Purchase of Own Securities

On 26 March 2012, the Company purchased 200,000 ordinary shares at a price of 697.61p. The shares purchased will be held in Treasury. The total number of ordinary shares bought back amounts to 106,400,103.

Following the purchase of the above shares 254,319,897 ordinary shares of 25p each will remain in issue. A total of 30,026,279 shares which have been purchased by the Company are being held in Treasury. Shares will only be re-sold from Treasury at (or at a premium to) the Net Asset Value per Ordinary share.

The above figure (254,319,897) may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Scottish Mortgage Investment Trust PLC under the FSA's Disclosure and Transparency Rules.

Baillie Gifford & Co

Company Secretaries

27 March 2012

 

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