Issue of Equity

RNS Number : 7257Y

Scottish Oriental Smlr Co Tst PLC

26 February 2013

 



The Scottish Oriental Smaller Companies Trust PLC

To:                   RNS

From:              The Scottish Oriental Smaller Companies Trust PLC

Date:               26 February 2013

ISSUE OF EQUITY

The Scottish Oriental Smaller Companies Trust PLC (the "Company") announces that it has allotted and issued, conditional only on admission to listing on the UKLA's Official List and to trading on the London Stock Exchange, a further 165,000 Ordinary shares of £0.25 each, which rank pari passu with the existing shares in issue.  The Ordinary shares have been issued at a price of £8.65 per share, being a premium to the net asset value and have been issued to satisfy demand for the Ordinary shares in the market.  It is expected that the new shares will be admitted to listing and to trading at 8.00 a.m. on 4 March 2013. Following this issue, the Company will have 31,333,650 Ordinary shares in issue.

Steven Davidson

Company Secretary

Enquiries: 0131 538 6603

 

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