Company information

RNS Number : 7008I

Securities Trust of Scotland PLC

05 July 2013

 



Securities Trust of Scotland plc

5 July 2013

The Board of Securities Trust of Scotland ("the Company") announces that, in view of ongoing demand for the Company's shares it has decided, subject to shareholder approval, to publish documentation to increase its capacity to issue shares on an ad hoc basis to satisfy this demand. Accordingly the Company is preparing documentation to enable it to issue, on a non pre-emptive basis, up to 100 million new shares over a 12 month period. It is expected that a general meeting seeking shareholder approval will be convened and, if approved, this documentation will be published, as soon as practicable.

Enquiries:

William Simmonds

J.P. Morgan Cazenove

020 7588 2828

Victoria Timlin

Martin Currie Investment Management Ltd

0131 229 5252

 

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