Transaction in Own Shares

RNS Number : 3334C

Scottish Mortgage Inv Tst PLC

14 March 2014

 

Scottish Mortgage Investment Trust PLC

Purchase of Own Securities

On 14 March 2014, the Company purchased 825,000 ordinary shares at a price of 1,048.75p. The shares purchased will be held in Treasury.

Following the transaction the Company holds 37,006,279 shares in Treasury. Shares will only be re-sold from Treasury at (or at a premium to) the Net Asset Value per Ordinary share.

The shares in issue less the total number of shares in Treasury are 247,339,897.

The above figure (247,339,897) 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 FCA's Disclosure and Transparency Rules.

Baillie Gifford & Co

Company Secretaries

14 March 2014

 

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